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Tech Stocks Rally: Nifty IT Index Up 3%, Infosys, TCS, Wipro Surge
ByAinvest
Monday, Aug 25, 2025 6:53 am ET1min read
The Nifty IT Index has surged 3%, with Infosys, TCS, and Wipro leading the gains. The rally is attributed to Fed chief Powell's hint at a potential rate cut in September, lower US yields, and positive corporate earnings reports. IT services companies maintain a cautiously optimistic outlook, and Kotak Institutional Equities believes IT Services will remain relevant even in a future with high gen AI adoption.
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