BSE IT index News
Infosys, India's second-biggest software services exporter, today reported better-than-expected 1.3 percent rise in its June quarter net profit on winning key clients in North America and Europe and raised its annual US dollar revenue outlook.
IT stocks continued to witness selling pressure for the second straight session Thursday, falling by up to 3.6 percent amid rising concerns as the sector is facing challenges on multiple fronts including stricter visa regime in key markets.
Shares of TCS rose by 3.27 percent to settle at Rs 2,543.30 on the BSE. The stock was the biggest gainer among the 30-Sensex components.
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