The Nifty IT index surged 3.3% to 41,754.80, driven by optimism surrounding a potential Donald Trump victory in the 2024 US Presidential elections. All ten stocks in the index, including Infosys and TCS, saw gains of 1 to 4%. Analysts suggest that Trump's proposed tariffs on Chinese imports could benefit India's exports across various sectors, including IT.
Mid and smallcap indices are showing resilience amid a broader market selloff, driven by strong investor interest despite recent valuation concerns. After a significant correction of 20-30% in these stocks, experts suggest a stock-specific approach, emphasizing fairly-valued largecaps with good earnings visibility.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
