Despite a Rs 16,500 crore FII selloff in IT stocks in Q1FY26, the BSE IT index rose 5.5%, driven by mid and smallcap outperformance. Stocks like Expleo, Intellect Design, and Nucleus surged, even as TCS lagged. Market sentiment hinges on Q1 results and potential US-India trade developments.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets