Indian IT stocks gain on US-China trade truce hopes; US inflation data eyed

Aug 12, 2025, 12:34 GMT+7
(Reuters) -IT stocksclimb ~1%; Nifty 50flat
** Investors assess U.S.-China trade truce, while awaiting key U.S. inflation data
** All 10 NIFTYIT constituents trading higher, with gains led by Oracle Financial's2% rise
** TCS, Wipro, HCLT echup ~1% each; Infosysadvances 0.3%
** Indian IT firms earn significant chunk of revenue from U.S.
** U.S. inflation data due later in the day; likely to influence Fed's rate cut trajectory
** NIFTYIT falls 19.6% YTD vs Nifty's 3.2% gain

Sumber : Reuters