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All newsIT earnings boost Indian markets to 6-month high
*IT earnings drive strongest weekly market performance in six months.* TCS and Infosys posted **revenue growth of 5.2% QoQ** and **$4.1B in combined deal wins**, lifting Nifty IT index by **6.8%**. Strong dollar receipts and robust guidance boosted investor confidence. 📊 *STOCKS:* TCS INFY | 🏢 *SECTOR:* IT | #HIGHIMPACT #Earnings
IMF raises India GDP growth to 7%, boosting market sentiment
*IMF raises India GDP growth to 7%, boosting market sentiment*. The rupee strengthened to **₹83.20** against the dollar as IMF upgraded India's growth outlook. IT stocks rose on back of positive macro sentiment, with Nifty IT index gaining **1.8%**. Improved economic forecast supports F&O positions in export-heavy sectors. 📊 *STOCKS:* TCS, INFY | 🏢 *SECTOR:* IT | #HIGHIMPACT #GDP
Sensex falls 353 pts on Reliance, IT weakness, oil rise
*Sensex falls 353 pts on Reliance, IT weakness, oil rise* — The benchmark index declined amid selling pressure from Reliance and IT stocks. Rising crude oil prices above **$85/barrel** weighed on sentiment. Heavyweights like RELIANCE and Infosys dragged the Nifty IT index down by **1.8%**. 📊 *STOCKS:* $RELIANCE | 🏢 *SECTOR:* Indices | #MEDIUMIMPACT #Nifty