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Infosys, TCS stocks jump 2-3%, Nifty IT up over 2% as easing US Fed rate-hike fears boost tech stocks
in5points
Infosys and TCS stocks jumped 2-3% on Monday morning.
The Nifty IT index rallied over 2%, becoming the best-performing sectoral index.
The gains were driven by easing US Federal Reserve rate-hike fears after a sharp fall in crude oil prices reduced inflation concerns.
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