Nifty IT becomes rocket! 3% up; Check TCS, Infosys, Wipro, Mphasis, HCL, Oracle, Tech Mahindra, Coforge performance

The Nifty IT index jumped over 3% in morning trade, led by TCS which surged almost 6%. TCS reported strong quarterly results, with revenue up 11.20% year-on-year (YoY) and net profit up 15% YoY.