nifty it

Nifty IT Surges Nearly 4% as Tech Stocks Lead Market Rally Amid Global Selloff

The Nifty IT index surged 3.75% as heavyweight tech stocks rallied, while Indian benchmark indices opened marginally lower ahead of the US Federal Reserve decision. In contrast, South Korea's Kospi tumbled more than 9% and Japan's Nikkei fell over 4%, driven by a global semiconductor selloff amid AI boom sustainability concerns.