Why Nifty IT Trended in India: TCS Q2 Profit, US PERM Suspension and the OpenAI Signal Behind the 4% Rally
Nifty IT trended in India around 9 October 2026 after TCS, Infosys, Wipro and HCLTech rose up to 4%. The drivers: TCS's 15% Q2 profit jump to Rs 13,884 crore, a US PERM suspension markets shrugged off, and OpenAI's $50 billion revenue signal.