India's HCLTech gains on growth outlook, demand recovery hopes


FILE PHOTO: FILE PHOTO: Employees of HCLTech walk inside the office premises on the outskirts of Lucknow, India, March 20, 2024. REUTERS/Pawan Kumar/File Photo

BENGALURU (Reuters) - Shares of HCLTech rose as much as 5% in early trading on Monday after India's No.3 IT services provider projected growth in most verticals and geographies in the upcoming quarter.

HCLTech, which hit the highest since March 19, was the top gainer in the Nifty 50 index and IT services index, which were up 0.2% and 0.8%, respectively, with both the indexes hitting a record high.

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