Nifty IT surged ~3%, its best day in weeks, as Coforge's Q1 results lit a fire under the entire sector. Coforge rocketed +10.31% to Rs 1,686 on revenue of Rs 5,528 crore (+24.2% QoQ), while TCS climbed +4.37% to Rs 2,396, Tech Mahindra added +3.31% to Rs 1,627, and Infosys gained +2.59%.
Nifty held above 24,000 as falling crude oil provided a cushion. Brent crude dropped 1.44% to $87.09/barrel on easing Iran...