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BSE LIVE NSE LIVE 26 Aug, 2025 12:21 Volume Todays L/H More ×

The shares of Indian IT companies gained in trade on December 5, pushing the Nifty IT index higher up in the green to extend gains for the third consecutive session. This comes amid rising expectations of a rate cut by the US Federal Reserve.

The Nifty IT index gained around 301 points (0.8 percent) to 38,661.95, as seen at 2.45 pm. The index has emerged as one of the top sectoral gainers today.

Fed rate cut hopes:

Despite initial expectations of a no rate cut, a higher probability of a December rate cut by the US Federal Reserve has been boosting global markets. The American central bank is now expected to reduce its key interest rate by a quarter-percent

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