IT stocks today, April 23 -- Domestic information technology (IT) stocks rebounded sharply in Wednesday's trading session. HCL Tech's share price ended the day up 7.7% at Rs.1,594 apiece, while Wipro's share price gained 4%, and Infosys' share price rose 3.7%.

All 10 constituents of the Nifty IT index closed in the green, driving the index up by 4.34%-its biggest single-day gain since July 2024, when it had rallied 4.53%. This stellar rebound after a notable drop in the previous trading session has also helped Indian benchmark indices extend their winning streak to the seventh consecutive trading session today, April 23.

The sharp surge in tech stocks can be attributed to multiple factors that reignited investor interest. Chief among th...