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In the past one month, the Nifty IT index has slipped 32.3 per cent
Nifty IT index, the largest gainer among sectoral indices, was up 2.5%, as compared to a 0.42% rise in the Nifty 50 index at 01:37 pm.
Thus far in the calendar year 2018, Nifty IT index rallied 35% against 12% rise in the Nifty 50 index.
Infosys rallied nearly 3% to Rs 1,217 on the NSE in intra-day deal, trading close to its 52-week high of Rs 1,221 touched on January 24, 2018 in intra-day trade.
Mindtree, Hexaware Technologies, Sonata Software, Mastek and Zen Technologies have rallied more than 10% in past one month against 2% decline in Nifty 50 index.
In past one month, Nifty IT index has outperformed the market by surging 11.5% against 3.7% rise in Nifty 50 index