Coforge and Persistent Systems soared 11.5% and 10.3%, respectively, on Thursday. KPIT Technologies and Mphasis gained over 3% each, while LTI Mindtree and L&T Technologies rose 2.4% and 1.06%, respectively. Cyient moved up 2%.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.