Indian IT stocks traded higher on Tuesday morning, with frontline technology counters driving the market momentum. As of 10:15 AM IST, the Sensex was up 489.25 points at 84,360.57, while the Nifty advanced 144.95 points to 25,839.90, led by strong buying in large-cap IT names.
Among key gainers, Tata Consultancy Services (TCS) rose 1.77% to ₹3,101, followed by LTIMindtree, which climbed 1.72% to ₹5,809. Tata Technologies also gained 1.64% at ₹696.05, reflecting sustained investor interest in engineering and software services firms.
Other IT majors also traded in the green, with Mphasis rising 1.59% to ₹2,821.70, Tata Elxsi advancing 1.53% to ₹5,364.50, and Tech Mahindra up 1.42% at ₹1,428. Persistent Systems, Infosys ahead of buyback, and Wipro also saw modest gains in the range of 0.8–1.3%.
The IT index’s positive momentum followed upbeat cues from global peers and optimism around improving deal flows in the December quarter. Analysts noted that the sector’s valuations remain attractive after recent consolidation, adding that large-cap IT firms are likely to benefit from renewed enterprise tech spending.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.
