Nifty IT jumps 2%; Mphasis, Coforge, Infosys, TCS among top gainers - Reason behind the rally, Q2 results expectations

Despite a shaky market, the Nifty IT index rose over 2% intraday on October 1st, buoyed by a weaker rupee and positive forecasts from major financial firms, with Mphasis, Coforge, and Infosys leading the charge.