scorecardresearchUS inflation data takes India's Nifty IT higher by 4%; Coforge, Infosys, Mphasis among top gainers

US inflation data takes India's Nifty IT higher by 4%; Coforge, Infosys, Mphasis among top gainers

Updated: 11 Nov 2022, 10:36 AM IST
TL;DR.
  • The IT stocks have been under pressure of late due to concerns over a recession in the US and Europe.
Some experts are positive about the sector because of the inevitability of IT services in the modern world.

Some experts are positive about the sector because of the inevitability of IT services in the modern world.