India's Nifty IT Index Surges 2.7% on Strong US Software Earnings
All ten stocks in India’s Nifty IT index rose on June 1, boosting the index 2.66% to 29,854 as robust US software earnings lifted sentiment. Gains were led by Persistent Systems (+4%) and supported by Tech Mahindra, Infosys and others, reversing earlier losses despite a broader market decline.