{"id":13615,"date":"2025-09-18T05:01:02","date_gmt":"2025-09-18T05:01:02","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/18\/infosys-wipro-ltimindtree-it-stocks-extend-gains-to-3rd-session-post-us-fed-rate-cut-markets-news\/"},"modified":"2025-09-18T05:01:02","modified_gmt":"2025-09-18T05:01:02","slug":"infosys-wipro-ltimindtree-it-stocks-extend-gains-to-3rd-session-post-us-fed-rate-cut-markets-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/18\/infosys-wipro-ltimindtree-it-stocks-extend-gains-to-3rd-session-post-us-fed-rate-cut-markets-news\/","title":{"rendered":"Infosys, Wipro, LTIMindtree: IT Stocks Extend Gains To 3rd Session Post US Fed Rate Cut | Markets News"},"content":{"rendered":"


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Last Updated:<\/span>

IT stocks jumped up to 3% in intraday trade on Thursday, September 18, lifting the Nifty IT index higher for the third straight day<\/h2>\n
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Why are IT stocks rising today?<\/p>\n<\/figure>\n

IT stocks jumped up to 3% in intraday trade on Thursday, September 18, lifting the Nifty IT index higher for the third straight day, after the US Federal Reserve\u2019s rate cut boosted investor sentiment. The Nifty IT pack has gained over 3% during this three-day rally.<\/p>\n

LTIMindtree was the top index gainer, rising as much as 3.61% to Rs 5,619. Infosys and Wipro followed, gaining 2% each to Rs 1,555 and Rs 259.80, respectively.<\/p>\n

Mphasis, Coforge, and HCL Tech added 1% each, while TCS, Tech Mahindra, OFSS, and Persistent Systems also traded in the green.<\/p>\n

US Fed rate cut<\/strong><\/p>\n

The latest rally in IT stocks comes after the US Federal Reserve delivered its first rate cut of the year, trimming the benchmark rate by 25 basis points to counter emerging weakness in the labour market.<\/p>\n

Fed Chair Jerome Powell, however, downplayed expectations of an aggressive easing cycle, calling the move a \u201crisk-management cut” and stressing there was no urgency to push rates down further.<\/p>\n

A softer US interest rate typically makes emerging markets like India more attractive to foreign investors. It also boosts discretionary spending in the US \u2014 a key positive for Indian IT companies that earn a major share of their revenue from that market.<\/p>\n

Are IT stocks a good buy now?<\/strong><\/h3>\n

Despite the bounce, experts warn the rally may be sentiment-driven rather than structural.<\/p>\n

\u201cThe Fed\u2019s rate cut has triggered a sharp rebound in Nifty IT on hopes of a demand revival, but the underlying challenges remain,” said Harshal Dasani, Business Head at INVAsset PMS.<\/p>\n

He pointed out that Indian IT firms continue to face sluggish growth in their core markets \u2014 the US and Europe \u2014 where clients are cutting discretionary tech spends. The US economy is showing stagflation-like signs, with slowing growth and sticky inflation, while Europe is grappling with geopolitical uncertainties that cloud corporate capex decisions.<\/p>\n

Dasani cautioned that while rate cuts and currency moves may offer short-term support, the sector\u2019s medium-term outlook remains challenging. \u201cInvestors will need to stay selective as structural headwinds for IT are far from over,” he said.<\/p>\n

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\"Aparna<\/figure>\n

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Aparna Deb<\/a><\/p>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

First Published:<\/span><\/p>\n
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September 18, 2025, 10:02 IST<\/p>\n<\/div>\n<\/div>\n

News<\/a> business<\/a> markets<\/a> Infosys, Wipro, LTIMindtree: IT Stocks Extend Gains To 3rd Session Post US Fed Rate Cut<\/span><\/div>\n
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Last Updated:September 18, 2025, 10:19 IST IT stocks jumped up to 3% in intraday trade on Thursday, September 18, lifting the Nifty IT index higher for the third straight day Why are IT stocks rising today? IT stocks jumped up to 3% in intraday trade on Thursday, September 18, lifting the Nifty IT index higher…<\/p>\n","protected":false},"author":1,"featured_media":11558,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-13615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/13615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=13615"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/13615\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/11558"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=13615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=13615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=13615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}