{"id":146423,"date":"2025-03-20T11:51:57","date_gmt":"2025-03-20T06:21:57","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=146423"},"modified":"2025-03-20T11:52:00","modified_gmt":"2025-03-20T06:22:00","slug":"why-did-hcl-technologies-tcs-2-other-it-stocks-jumps-today-heres-why","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/why-did-hcl-technologies-tcs-2-other-it-stocks-jumps-today-heres-why\/","title":{"rendered":"Why did HCL Technologies, TCS &amp; 2 other IT stocks jumps today? Here&#8217;s why"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1666099034\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The IT index jumped nearly 2 percent on Thursday reacting to the US Federal Reserve\u2019s decision to keep interest rates steady at 4.25 &#8211; 4.50 percent. Indian IT firms generate a significant portion of their revenue from US-based clients. With stable interest rates and anticipated rate cuts later this year, investor confidence in the sector has strengthened.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3448670237\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong>Here\u2019s a look at how the major IT stocks performed on Thursday<\/strong><\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/INFY\" target=\"_blank\" rel=\"noreferrer noopener\">Infosys<\/a><\/strong><\/h2><p>With a market capitalization of Rs 6,67,967.23 crore, Infosys Ltd rose nearly 3 percent in Thursday&#8217;s trading session and made an intraday high of\u00a0Rs 1,631 per share compared to its previous closing price of Rs 1,586.55 per share. The shares retraced and were trading at Rs 1,608.50 which is 1 percent higher than the previous close.<\/p><p>Infosys is engaged in providing technology, consulting and outsourcing services. The segments of the company include retail, financial services, communication, manufacturing and life sciences among others. Its diverse product portfolio includes Finacle, Panaya platform, Infosys Equinox, Infosys Cortex and many more.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2316776559\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/WIPRO\" target=\"_blank\" rel=\"noreferrer noopener\">Wipro<\/a><\/strong><\/h2><p>With a market capitalization of Rs 2,81,483.48 crore, Wipro rose over 3 percent in Thursday&#8217;s trading session and made an intraday high of Rs 274 per share compared to its previous closing price of Rs 265.75 per share.&nbsp;<\/p><p>Wipro is a global company that operates through two segments: IT services and IT products. The services segment includes customer centric design, digital strategic advisory, and package implementation. The products segment primarily consists of third-party IT products which allows it to provide IT system integration services.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/TCS\" target=\"_blank\" rel=\"noreferrer noopener\">Tata Consultancy Services Ltd<\/a><\/strong><\/h2><p>With a market capitalization of Rs 12,90,336.64 crore, TCS rose over 2 percent in Thursday&#8217;s trading session and made an intraday high of\u00a0Rs 3.577.55 per share compared to its previous closing price of Rs 3,497.15 per share.\u00a0<\/p><p>Tata Consultancy Services (TCS), the flagship company of the Tata Group, is a leading IT services, consulting, and business solutions provider. The company offers an AI-powered, consulting-driven, and integrated portfolio of technology, business, and engineering services and solutions.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/HCLTECH\" target=\"_blank\" rel=\"noreferrer noopener\">HCL Technologies Ltd<\/a><\/strong><\/h2><p>With a market capitalization of Rs 4,27,049.48 crore, HCL Technologies rose over 2 percent in Thursday&#8217;s trading session and made an intraday high of\u00a0Rs 1,578 per share compared to its previous closing price of Rs 1,543.50 per share.\u00a0<\/p><p>HCL Technologies is an Indian IT company, focused on transformational outsourcing, and offers an integrated portfolio of services. It operates primarily in three segments: IT and Business Services (ITBS), Engineering and R&amp;D services (ERS) and HCLSoftware.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-2695067062\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Shwetha Sairam<\/strong><\/p><\/blockquote><p id=\"block-35c1c45a-8ae0-40e0-ab49-e0c13c8d5a76\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p id=\"block-35c1c45a-8ae0-40e0-ab49-e0c13c8d5a76\"><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-3068954573\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The IT index jumped nearly 2 percent on Thursday reacting to the US Federal Reserve\u2019s decision to keep interest rates steady at 4.25 &#8211; 4.50 percent. Indian IT firms generate a significant portion of their revenue from US-based clients. With stable interest rates and anticipated rate cuts later this year, investor confidence in the sector [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":15628,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[27569,3323,948,936,3157,26087,4434],"class_list":["post-146423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-hcl-technologies-ltd","tag-infosys","tag-stock-market","tag-stock-market-news","tag-stock-to-watch","tag-tata-consultancy-services-ltd","tag-wipro"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why did HCL Technologies, TCS &amp; 2 other IT stocks jumps today? 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