The mood in the IT space stayed upbeat for the second day in a row, even as the broader market swung from gains to losses through the session. While benchmark indices moved sharply in both directions, the Nifty IT index continued to climb steadily—showing the kind of resilience investors often look for in uncertain markets.
By the afternoon, the Nifty IT index was up nearly 1.5%, building on Wednesday’s strong finish of over 1%. Over the last two sessions, the IT pack has now gained more than 2%, reclaiming momentum after a subdued phase.
Market Performance: IT Stocks Lead Even as Broader Market Turns Volatile
Every stock within the Nifty IT index traded in the green, highlighting a broad-based positive sentiment across the sector. The rally was not driven by just one or two names—IT shares across the board showed strength.
A few standouts included:
- Coforge share price today: up 3.19%
- Persistent Systems: up 1.96%
- TCS share price: around ₹3,230.40, rising 1.58%
- Infosys share price: advanced along with the broader pack
- Other names like Mphasis, Tech Mahindra, HCL Tech, and Wipro also gained up to 2%
What made the move interesting was that these gains came while the benchmark indices were struggling to hold direction, showing that IT stocks were taking the lead in sentiment recovery.
Main News: What’s Fueling the Upmove in IT Shares
Even though the broader market stayed choppy, investor interest in IT names picked up pace for a second session. Market chatter circles around a few ongoing developments that have supported the Nifty IT index and heavyweight counters like Infosys, TCS, and Coforge.
The backdrop remained one of cautious optimism, with IT shares showing strong buying interest. Reports around sectoral activity, steady demand outlook indicators, and currency movements helped build momentum. While the market saw sharp fluctuations, IT stocks held firm and provided stability on an otherwise uneven trading day.
Company Details and Key Stock Movements
Each major stock within the Nifty IT index played its part in keeping the index comfortably in the green. The day’s trading pattern showed that investor participation was spread out across large-cap and mid-cap IT names.
Here’s a snapshot of how major IT stocks moved:
- Coforge share price today: +3.19%
- Persistent Systems: +1.96%
- TCS share price: +1.58%
- Infosys share price: In the positive zone along with peers
- Mid-tier IT firms: Mphasis, Tech Mahindra, HCL Tech, Wipro — up to +2%
With all 10 constituents of the Nifty IT index trading higher, the sector became one of the standout performers of the day.
Summary: Nifty IT Index Stays Strong While Broader Market Wobbles
The second consecutive day of gains in the Nifty IT index sets a positive tone for the sector:
- Nifty IT index: +1.5% today, +1% yesterday
- Two-day gain: 2%+
- All 10 IT stocks closed in the green.
- Key gainers: Coforge, TCS, Infosys, Persistent Systems
Even with volatility in the broader market, IT shares held steady and pushed higher—showing strong sector-specific momentum. With major names like TCS, Infosys, and Coforge adding weight, the IT index remained one of the most stable and upbeat pockets of the market today.
Easy & quick
Leave A Comment?