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Technology Stocks Lift Nifty IT As Global Sentiment Improves
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Infosys, TCS, and peers lifted Nifty IT by 0.
Indian IT majors Infosys and Tata Consultancy Services led gains in the sector index, which advanced 0.6% in the final trading hour. Buying interest followed upbeat global guidance from peer technology firms and easing concerns about Western client budgets. Broader participation extended across mid-tier IT names, indicating renewed investor confidence in stable deal pipelines. Analysts noted steady attrition normalization and healthy order intake driving valuation recovery. Market watchers expect near-term consolidation but retain constructive outlook on demand visibility into FY26.