Indian Tech Sector Sees Significant Gains with NIFTY IT Index Rising Over 2%

India's NIFTY IT Index saw significant growth on July 29th, rising by over 2% according to Bitget. This increase in value comes as shares of INFOSYS, a major Indian information technology company, rose by 3.3%. The NIFTY IT Index is a key indicator of the performance of India's tech sector.

The news follows other developments in the global tech industry, including Microsoft's Q4 revenue reaching $90.01 billion, up 18% year-over-year. Qualcomm's adjusted revenue for Q3 came in at $9.95 billion, down 4% from the same period last year.