Indian IT stocks rise even as Alphabet suffers its worst day ever

Indian IT shares including Infosys, Wipro and TCS opened higher on Friday, even after Alphabet shares fell more than 12% on Thursday, wiping $480 billion off its market value in its worst day on record. Wipro rose 1.69%, HCL Technologies 1.62%, Infosys 1.58% and Tech Mahindra 1.49% in early trade, while Sensex and Nifty edged up marginally.