<div id="readability-page-1"><div>** India's information technology stocks rise 1.6%, set for fourth session of gains** Wipro and Infosys top gainers; jump 2.8% and 2.3%, respectively** Shares rise following an unexplained surge in American-listed shares after Indian market hours on Friday** Infosys ADR skyrocketed 56% in intraday trading on Friday, before paring gains to close 5.4% higher** &#34;It looks like there is some buying interest after the surge in ADRs. But there doesn't seem to be much substance to it as fundamentals and export competitiveness have not changed. Therefore, we expect things to return to normalcy,&#34; says UR Bhat, co-founder of Alphaniti Fintech** Analysts say sector rotation and rupee depreciation propelling gains among IT stocks for last few sessions** NIFTYIT up 5% so far in December, trimming YTD losses to 9.4% ** Benchmark Nifty 50 down 0.3% for December, up 10.5% YTD</div></div>

INFY

India's IT stocks, led by Infosys and Wipro, are set for a fourth session of gains, rising 1.6%. Infosys ADR surged 56% intraday on Friday, closing 5.4% higher. Analysts attribute gains to sector rotation and rupee depreciation. NIFTYIT is up 5% in December, reducing YTD losses to 9.4%, while Nifty 50 is down 0.3% for December, up 10.5% YTD.

India's IT stocks set for fourth session of gains; Infosys, Wipro lead