IT Stocks Rebound: Nifty IT Up 1% Post Six-Day Slide; Wipro Tops Gainers

India's IT pack flipped the script on Thursday, with the Nifty IT index rebounding nearly 1% after a 4.13% tumble over six straight sessions of profit-booking. Nine of 10 constituents traded green, buoyed by value buys and upbeat cues ahead of earnings season. Standout Performers Wipro charged ahead with a ~2% gain, followed by

(+1.34%) and Mphasis (+1.32%). s, , TCS, and LTIMindtree rounded out the winners, each up to 1%. Persistent Systems was the lone laggard. Driving the Rally Bargain Hunting: Investors scooped up discounted shares after the recent correction, spotting value in the resilient sector. US Fed Optimism: Anticipation builds for the January 27–28 policy meet, with hopes of more rate cuts; Trump hinted at naming his Fed chair pick soon. Earnings Tailwinds: Q3 demand pickup expected as results roll in. TCS and HCL boards meet January 12 to approve December quarter and nine-month numbers.