India-US trade deal: Analysts say deal provides macro-predictability for IT sector; Persistent, Coforge, Infosys rally
IT stocks surged on Tuesday amid a broader rally in the Indian stock market today after US President Donald Trump announced that India and the United States have reached a trade agreement. As part of the deal, reciprocal tariffs on Indian goods will be reduced to 18%, a sharp cut from the earlier proposed 50%,…