Indian IT stocks saw a rebound on Thursday, with the Nifty IT index rising nearly 1 percent after a six-day decline. Wipro, HCL Technologies, and Mphasis were among the top gainers. This recovery is attributed to value buying after recent corrections, expectations of US interest rate cuts, and anticipation of improved December quarter financial performance from major IT firms like TCS and HCL Technologies, whose board meetings are scheduled for January 12, 2026.