Nifty IT rises 1.7% as IT stocks gain despite weak market

Indian IT stocks rose on Thursday, with the Nifty IT index gaining up to 1.7% to 28,178.60. Mphasis rose up to 4.6%, Coforge 3.6%, Infosys 2.5%, while TCS and HCL Tech gained over 2% each. Investors tracked Accenture's upcoming results and US inflation data for technology demand cues. The index rose for a second session.