IT stocks witnessed a meteoric surge immediately upon the opening of the stock market, with the Nifty IT Index shining under the leadership of Wipro and Infosys. As soon as the stock market opened, there was a stormy rise in IT stocks, Nifty IT index shone under the leadership of Wipro and Infosys.

When the Indian stock markets opened on Friday after Thursday’s holiday, amidst the fluctuations in Sensex and Nifty, the most excitement was seen in IT stocks. Led by giant IT companies Infosys and Wipro, today the Nifty IT Index reached the level of 29,409 with a spectacular gain of 1.74 percent. It was a matter of relief that the shares of all the companies included in this index were trading on the green mark (with a rise).

Wipro’s glory: After America, Indian market also booms

A huge international deal and global positive signals are behind this rise in Wipro shares:

• Big partnership with ServiceNow: Wipro has recently announced the expansion of its partnership with ‘ServiceNow’, which is directly benefiting the company.

• Historical Records in the US Market: Wipro’s shares in the US stock market on Thursday Historic jump of 20 percent in ADR (Wipro ADR) Got to see. This is the biggest one-day rise in Wipro’s US-listed shares since October 2008. This ADR has registered gains in 8 out of the last 10 trading sessions.

• Condition of domestic market: This morning, Wipro shares opened at a high of ₹ 211 in the Indian market and are up by 1.75 percent in the market. ₹205.10 But was trading.

Infosys and Coforge were the top gainers

Infosys was the biggest contributor in taking the Nifty IT index up:

• Infosys: Today Infosys shares opened at ₹1,182 and soon A stormy increase of 3 percent with ₹1,194.70 Reached the level of.

• Koforge: Shares of Koforge also increased today 1.84 percent increase Was recorded. After opening at ₹1,410 in the morning, the stock reached an intra-day high of ₹1,432.40.

There was strong growth in LTIMindtree and Persistent Systems also

Other mid and large-cap companies in the IT sector also made investors happy today:

• LTIMindtree (LTIM): Shares of LTIMindtree opened today at ₹4,019.90 and after some time ₹4,124.90 Touched the level of (up about 1.77%).

• Persistent Systems: The stock opened at ₹5,150 and 1.70 percent increase Reached a high of ₹5,259.90.

Performance of TCS, Tech Mahindra and other IT stocks

The position of other major IT stocks in the early hours of the market was as follows:

Market Outlook: Market analysts believe that this upward trend in the IT index may continue in the coming days on the basis of strong sentiments received from the American markets (Wipro ADR) and the strengthening global operations of Indian IT companies.