InvestorQ : Is it true that the IT index has touched a new high on the stock markets?
Niti Shenoi made post

Is it true that the IT index has touched a new high on the stock markets?

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ishika Banerjee answered.
5 months ago
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IT stocks are anticipated to report stellar earnings in Dec-21 quarter and the impact was seen in the BSE IT index scaling a life-time high. This year, Infosys and Wipro more than doubled but the focus was on mid-cap IT names like Birlasoft, Persistent Systems, KPIT etc. The trigger for Indian IT came from Accenture upping its guidance for 2022.

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