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Akhilesh Jat SEBI RA

2nd Jun Β· SEBI-Registered Analyst

πŸ”₯ IT Stocks Defy Market Weakness: NIFTY IT Surges Over 3% While Broader Markets Stay in the Red! πŸ“ˆ

Despite weakness across major benchmark indices on Tuesday, June 2, the IT sector is emerging as a standout performer. The NIFTY IT Index gained more than 3% by 10:00 AM, significantly outperforming the broader market. Leading the rally is $INFY , which surged nearly 5% intraday, providing strong momentum to the sector. The sharp move highlights renewed buying interest in technology stocks amid broader market pressure. Investors are closely tracking whether this strength can sustain and support further sectoral outperformance during the session. πŸ“Œ Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

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