IT Stocks Surge on Trade Talks & Fed Cut Hopes

IT stocks rallied on September 10, lifting the Nifty IT index over 2% to 36,075.95. Gains were driven by optimism over India-US trade talks resuming, rising hopes of a US Fed rate cut, and Infosys’ upcoming buyback. OFSS, Persistent,

Mphasis, Coforge, and LTI Mindtree led the rally, while analysts advised cautious optimism.