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VERIFIEDET Stocks·positive
IT stocks extend gains for second day; Coforge, Infosys, Persistent Systems rise up to 3%
AI Summary
- ·IT stocks extended gains for the second consecutive day, with Coforge and Persistent Systems seeing significant increases.
- ·The Nifty IT index rose by nearly 2%, with Infosys, Wipro, TCS, and Tech Mahindra also trading higher.
- ·Value buying, supported by a weaker rupee, fueled the rally, leading Indian IT stocks to outperform global counterparts.