Shares of Indian IT companies surged sharply on Friday, with heavyweights including LTIMindtree, TCS, HCLTech and Infosys leading market gains.
The sharp rally pushed the Nifty IT index more than 3% higher. LTIMindtree shares jumped around 5%, while HCLTech and TCS gained around 4% each. Coforge, Tech Mahindra, Persistent Systems, Infosys and OFSS rose around 3% each, while Wipro and Mphasis gained 2%.