India's Nifty IT sub index set for best week in nine months
17/07/2026 10:38
BUZZ-India's Nifty IT sub index set for best week in nine months ** Indian IT index .NIFTYIT rises 4.56% this week, set for its best week in nine months
** Top software services exporter, TCS TCS.NS up 9% this week and on track for best week in nearly six years
** On the day, Wipro WIPR.NS falls up to 2.4% after it missed its quarterly earnings and sluggish outlook disappointed investors
** Tech Mahindra TEML.NS rises ~5% on Friday after it beat Q1 rev and analysts saying that strong deal wins and margin improvement could make it one of the fastest growing companies among peers
** YTD, index loses ~23% vs Nifty 50's .NSEI ~7% decline
(Reporting by Urvi Dugar in Bengaluru)
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