IT stocks traded firmly higher in early deals on February 3, tracking improved sentiment after the US–India trade deal.
As of 9:20 am, KPIT Technologies was trading at ₹1,043.70, up 4.53%, while Persistent Systems gained 4.35% to ₹6,347.00. Infosys rose 4.23% to ₹1,698.40, and LTIMindtree was up 3.88% at ₹6,218.50.
Other frontline IT names also traded in the green. Coforge advanced 3.52%, Mphasis gained 3.36%, HCL Technologies rose 3.32%, and TCS added 2.96%. Wipro, Oracle Financial Services Software, Tata Elxsi, Tata Technologies, Tech Mahindra, and L&T Technology Services were also higher by around 2–3%.
The broad-based rally in IT stocks came alongside gains in benchmark indices, as markets responded positively to improved risk appetite following the US–India trade agreement.
Disclaimer: Data as of 9:20 am on February 3. It does not constitute investment advice or a recommendation to buy or sell any securities.
