NEWS: IT stocks surged on US–India trade talk hopes and Fed rate cut bets.

SECTOR ALERT

Thank you for reading this post, don't forget to subscribe!

NEWS: IT stocks surged on US–India trade talk hopes and Fed rate cut bets.

The shares of IT companies sharply gained on September 10, pushing the sectoral index up more than 2 percent in the morning. The Nifty IT index led gains among the major sectoral indices, extending strong gains for the second consecutive session after five-day losing streak.

The sharp rise in the IT stocks today was fuelled after US President Donald Trump said Washington and New Delhi will resume negotiations to resolve the ongoing trade frictions.

SOURCE :MONEY CONTROL

Disclaimer: Data and figures shared above are for illustration purpose only. Investment in the stock / Commodity Market is subject to market risks.

This does not constitute investment advice. Registration granted by SEBI and certification from MSM

in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.

Clients are advised to read the RiskDisclosure Document (RDD) & Do’s and Don’ts, carefully before investing.

For more details please see disclaimer @ www.gwcindia.in/disclaimer.