India's Nifty IT Index surged by 1.6%, driven by robust buying interest in top IT stocks amid positive market sentiment and encouraging domestic investment flows.
Index Movement
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Nifty IT Index rose 1.6% on October 6, 2025
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Strong performance from Oracle Financial Services, Persistent Systems, and Mphasis
Market Drivers
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Investor optimism fueled by upcoming corporate earnings reports
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AI sector hype and stable macroeconomic factors supporting tech stocks
Sector Outlook
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Positive momentum expected amid continued IT outsourcing demand
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Domestic institutional investor support remains strong, offsetting global uncertainties
Sources: NSE India Official Data, Business Standard, Economic Times