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IT stocks jump up to 11% on Fed’s commentary; Sonata, Mphasis among top gainers
All 10 stocks in the Nifty IT index were in the green. The midcap counter Coforge was also up over 5% and hit its 52-week high of Rs 6,139.95 on the NSE. Notably, the top five gainers in the Nifty index were also from the IT space with Tech Mahindra taking the lead with near 4% gains. Others including HCL Technologies, LTIMindtree, Wipro and Infosys gained up to 3.5%.