Indian IT stocks rise as Alphabet suffers record fall

Indian IT shares opened higher on Friday even as Alphabet shares fell more than 12% on Thursday, wiping $480 billion off its value in its worst day on record. Wipro, HCL Technologies, Infosys and Tech Mahindra gained around 1.5-1.7%, while the Sensex rose 138.77 points to 74,289.81. Amazon fell over 7% and Intel 23% in the US.