OFSS leads Nifty IT as Oracle’s $455 bn cloud bookings spark rally
Oracle Financial Services Software (OFSS) jumped nearly 10% to ₹9,204 after parent Oracle unveiled $455 billion in bookings, major AI deals, and bold cloud growth targets. Oracle shares surged 30% in after-hours trade, its best since 1999. OFSS topped Nifty IT, with retail sentiment turning bullish. Broader tech stocks also gained on easing US-India trade tensions and Fed cut hopes.