IT stocks advance for third day, TCS hits 9-month high

The Nifty IT index, which surged to highest levels since May last year, closed at 31,434 on Thursday, up 1.62% over the previous day. The Nifty ended at 18,038, up 20 points or 0.11% after rising 0.66% in the morning trade. The Nifty IT index has gained 3.8% in the past three days.

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