The Nifty IT index reached a record high of 44,085, with a 40% gain over the past year, reflecting strong performance in the sector despite previous challenges. Experts attribute this rebound to robust order books and significant deals from major firms like Infosys and TCS, alongside resilient demand in banking, healthcare, and retail. While near-term pressures may affect margins, long-term growth is expected to stem from earnings rather than stock price increases.
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