
MUMBAI -- India's $191 billion information technology sector is keeping a close watch on U.S. President-elect Joe Biden's stances on immigrant workers and domestic hiring, as well as a proposed corporate tax increase.
Stocks in India's leading IT companies, such as Tata Consultancy Services, Infosys, HCL Technologies, Wipro and Tech Mahindra, have generally been rallying since the vote count showed Biden ahead, led by Infosys, which saw its stock price rise nearly 6% from Nov. 3, the day of the election.