The IT index gained 0.8% and closed at record levels while the benchmark Nifty closed marginally lower. LTI Mindtree and Mphasis gained 3% and 2.4% respectively. Persistent Systems, HCL Technologies, Wipro and Infosys advanced over 1% each. Out of the 10 stocks in the IT Index, 8 advanced while 2 declined on Tuesday.
Market Outlook for 2025: Nifty faces tough resistance at 23,780, says Rohit Srivastava
So, on the downside, then we will again look at retesting 23,200, the lows that we made last month and if that breaks, then possibly