Wipro rallied as much as 14% on Monday, its biggest intraday gain since July 2020 before paring gains as the surprise revenue beat triggered rating upgrades from some brokerages. HCL Technologies Ltd. surged to a new all-time high, boosted by its forecast for improved revenue growth. India's top four IT firms, led by Tata Consultancy Services Ltd. and Infosys Ltd., added about $22 billion in market value in just two trading sessions since Thursday when the earnings season kicked off, according to a Bloomberg report. The sector's sentiment has been further bolstered by a potential revenue rebound and easing global macroeconomic worries. Wipro rallied as much as 14% on Monday, its biggest intraday gain since July 2020 before paring gains as the surprise revenue beat triggered rating upgrades from some brokerages. HCL Technologies Ltd. surged to a new all-time high, boosted by its forecast for improved revenue growth. “A change in sentiment is being reflected in management commentary,” said Siddarth Bhamre, head of research at Religare Broking, told Bloomberg.