Thursday, 1 October 2026Updated 19m ago
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Market move▲ Bullish for TCS

Nifty IT gains 2.1% as nine of 10 constituents trade higher

2 sources · first seen 11:11 30 Sept · updated 11:10 1 Oct

The brief

Written from 2 reports · check the source before you trade
  • The Nifty IT index advanced 2.1 per cent during intra-day deals
  • TCS, Tech Mahindra and HCL Tech led the rally, while Mphasis and Coforge also gained
  • A stronger IT-sector session lifts sentiment for Indian IT services companies, including TCS, Tech Mahindra and HCL Technologies

Market read

the session the news first traded, and since
StockTradedThat dayvs NiftyVolumeSince
HCLTECHWed, 30 Sept+0.7%+1.1%1.6×+0.7% · Nifty −0.4%
TCSWed, 30 Sept+0.9%+1.3%1.2×+0.9% · Nifty −0.4%
TECHMWed, 30 Sept+0.9%+1.3%1.5×+0.9% · Nifty −0.4%

✓ Classifier read this as positive; TCS rose 1.3% against the Nifty on the day it traded.

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Linked by the tag MphasiS

4 stories this week
  1. 30 SeptIT stocks rally up to 5% ahead of Accenture results despite Kotak’s muted Q2 outlookMarket move · 2 sources · Coforge, Mphasis, TCS and Persistent Systems gained up to 5%
  2. 28 SeptIT Stocks In Focus: TCS, Mphasis Defy Nifty IT Weakness; Citi Cuts TCS Target Price, Maintains 'Sell'Broker call · 1 source
All MphasiS stories →

Read the reports

2 reports · earliest 11:11
MoneycontrolIT stocks rally: Nifty IT jumps over 2% as US Fed rate hike bets ease; TCS, Tech Mahindra, HCL Tech lead11:11Business StandardNifty IT defies market weakness, rises 2%; Mphasis, Coforge, TCS lead11:10