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Sparsh Jindal

11th Apr 2025 · SEBI-Registered Analyst

IT Stocks Surge After Tariff Pause

IT stocks rallied on April 11 after President Trump paused tariffs for 90 days, easing US recession fears. The Nifty IT index rose 1.3%, with Coforge leading gains. India may use the window for a trade deal. TCS lagged, slipping after missing Q4 profit estimates. The sector had earlier plunged 10% amid tariff fears.

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