23 Oct 2025 | 5 Mins Read
Indian IT stocks gain up to 5% on trade deal hopes and other factors
Flipitmoney
Indian IT company shares jumped 3-5% on October 23, with Infosys leading at 5%, as trade hopes between India and US rose. The Nifty IT index reached 36,418.80, its highest in over a month. Companies expect growth in the second half of the financial year, and optimism for a US rate cut also boosted shares. US may reduce tariffs on Indian imports to 15-16%.