17 Sep 2025 | 3 Mins Read
IT Stocks Surge on Hopes of Fed Rate Cut
Flipitmoney
Indian IT companies' shares gained over 0.8 percent as investors anticipated a US Federal Reserve rate cut. Nifty IT index rose on the second consecutive session, with key IT gainers including Persistent Systems (up 2 percent), Mphasis, and LTI Mindtree, and Tata Consultancy Services, Infosys, and Coforge (each up over 0.8 percent).