The Nifty IT index has gained 9% so far this month, with Midcap IT outperforming its largecap peers. Shares of Mphasis, LTIMindtree, Coforge, and Persistent Systems have gained between 12% to 16%, while largecap names like TCS, HCLTech and Wipro have gained between 9% to 10% so far in April.