Bengaluru, Feb. 3 -- The shares of India's largest information technology (IT) services firms-Tata Consultancy Services Ltd, Infosys Ltd, HCL Technologies Ltd, Wipro Ltd and Tech Mahindra Ltd-jumped as much as 4% in morning trade as investors stamped their seal of approval on the India-US deal.
TCS, Infosys, HCL Technologies, Wipro, and Tech Mahindra were up 2%, 2.84%, 2.57%, 0.7%, and 0.98%, respectively, as of 12:12pm.
The country's $283 billion IT sector is expected to be the biggest indirect beneficiary of the US's rollback of its 25% reciprocal tariffs on New Delhi, as the move could lead to less scrutiny of visa applications, according to experts.
"Our non-consensus upgrade of IT to overweight at the start of the year also remain...
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