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Nifty Breaks Record High as IT Stocks Lead Market Surge
Nifty hits record high of 27,000, driven by strong performance in IT stocks like TCS, Infosys, and Wipro.
The Nifty index hit a new record high of 27,000 points, driven by a surge in IT stocks. TCS, Infosys, and Wipro reported better than expected earnings, pushing the market to new highs. The Indian IT sector continues to show resilience amid global economic challenges, with strong demand for digital transformation services. Investors are bullish on the sector's long term prospects, especially with the increasing adoption of AI and cloud computing across industries.