IT sector margins to improve in next few quarters; Infosys, HCL Tech top picks: Kotak Institutional Equities
- After being the worst performed sectoral index in 2022, the Nifty IT index has had a great start to 2023. In the current month, the index has risen by 7.33%, gaining from 28,621.70 level on December 30, 2022 to 30,309.95 level as on January 24.
In the last five trading sessions, the Nifty IT index gained nearly 4 percent, supported by Coforge Ltd, Persistent Systems Ltd, and LTIMindtree Ltd.
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