IT stocks, including HCLTech, TechM, Infosys, and TCS, surged up to 3% as softer US inflation data and anticipation of June-quarter earnings boosted investor sentiment.
HCLTech led the rally
Jul 16, 2026
01:14 pm
What's the storyIT stocks have witnessed a strong comeback in today's session, breaking their two-day losing streak.
The Nifty IT index surged by 0.94% to touch 28,799.25 while the BSE Information Technology index gained 0.74% at 27,883.81.
TCS, HCL Tech, Infosys, other IT stocks rally up to 6%, Nifty IT surges 4%. Here's why
Market wrap: TCS, HCL Tech among top gainers and losers on Nifty and Sensex today
Stock market @ noon trade: Sensex, Nifty recover as TCS-led IT rally offsets early sell-off
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