Indian IT stocks rallied sharply last Friday, entirely shrugging off the Trump administration's decision to suspend major Indian technology companies from the US permanent labor certification program. Tata Consultancy Services (TCS) surged over 4% to reach an early high of ₹2,174, while Infosys and Wipro both gained around 3%. The Nifty IT index jumped over 3% as investors largely brushed off the green card restrictions. The underlying business resilience—highlighted by strong Q2 earnings from TCS—temporarily overshadowed the geopolitical tensions and visa roadblocks, signaling that the market believes the broader offshore model remains secure despite the push to prioritize US local hiring.Indian IT stocks rallied sharply last Friday, completely shrugging off the Trump administration's decision to suspend major Indian technology companies from the US permanent labor certification program. Tata Consultancy Services (TCS) surged over 4% to reach an early high of ₹2,174 following strong Q2 earnings, while Infosys and Wipro both gained nearly 3%. The broader Nifty IT index jumped over 3% as investors largely brushed off the green card restrictions.

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