Currently, there is a notable upward momentum in IT stocks. Heavyweight shares like Infosys, Tech Mahindra, Wipro, and TCS are performing well in the market. Investors are reaping substantial profits due to the bumper growth in the stock market.
The Indian stock market continues to set new records regularly. The last day of the week, Friday, witnessed a splendid start for the Indian market. BSE Sensex jumped by 291.33 points, reaching 70,805.53 points. Similarly, NSE Nifty also experienced a rapid surge of 92.05 points, reaching 21,274.75 points. IT stocks are still showing good momentum today, with heavyweights like Infosys, Tech Mahindra, Wipro, and TCS conducting business with strength. Investors are benefiting greatly from the rapid surge in the stock market.
However, experts advise caution in investing due to the high valuation of the market. Therefore, small investors should invest money with great caution. A significant correction could be observed at any time.
