The rally helped IT stocks shed the tag of underperformers as the Nifty IT indexs 1-year gains jumped to 24%, outclassing all its sectoral peers. The broader Niftys 12-month gains stand at 16%.
Largecaps pushed the benchmarks to yet another record high as Nifty conquered the 21,355.65 level. All five top stocks in the Nifty were IT counters with HCL Technologies, LTIMindtree, Infosys, Tech Mahindra, and Tata Consultancy Services (TCS) gaining between 4.7% and 3.89%. Barring Infosys, the rest hit their 52-week highs.
OneStream Software Recognized as a Leader in 2023 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions – IT Business Net itbusinessnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itbusinessnet.com Daily Mail and Mail on Sunday newspapers.
Despite sales organizations investing in sales enablement initiatives, 77% of sellers report that they struggle to complete their assigned tasks efficiently, according to Gartner, Inc.
Gartner.