Tech stocks, including Infosys and Oracle Financial Services Software, gained up to 3% on Monday, lifting the Nifty IT index over 1% even as the broader market remained under pressure.
The Nifty IT index climbed 1.2% to around 28,049, emerging as the only sectoral index trading in the green. Meanwhile, the BSE Sensex and Nifty 50 fell over 1% as the rupee hit a fresh record low and bond yields surged to all-time highs, weighing on investor sentiment.
