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VERIFIEDMint Markets·positive
Coforge to Tech Mahindra: Tech stocks extend rally for second session; Nifty IT jumps over 2%
AI Summary
- ·Coforge and Tech Mahindra were among the tech stocks that extended their rally for a second session on May 18.
- ·The NIFTY IT index saw a significant jump of 2.4% during the trading session.
- ·Analysts cited currency weakness and export earnings as drivers for the rally, despite ongoing concerns about AI disruption.