India’s IT Stocks Stand Out as Trump Win Boosts Spending Bets
- IT stocks gauge outperforms other sectors, benchmark in India
- Overseas demand, Trump’s tax plans bode well for sector: GS
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Large Indian IT service providers’ stocks are poised for a further run-up after a recent rally, bucking the weak sentiment in other sectors as Donald Trump’s return generates expectations of a stronger dollar and greater tech outsourcing.