Indian IT stocks jump on US-China trade talk optimism

Persistent Systems

10/06/2025 08:53

** Indian IT stocks .NIFTYIT gain 1.9% to their highest since February end

** Sub-index top sectoral gainer; all 10 members trade in the green

** IT companies, which earn a significant share of revenue from the U.S., jump on optimism around U.S.-China trade talks

** Top-weighted stocks Infosys INFY.NS and TCS TCS.NS rise 1.5% and 1.3%, respectively

** Oracle Financial Services Software ORCL.NS advances 3.3%; Persistent Systems PERS.NS climbs 3%

** Stocks on NIFTYIT equally split between "buy" and "hold", per data compiled by LSEG

** NIFTYIT narrows YTD losses to 11.6%, but remains weakest-performing sub-index

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))