The S&P BSE IT Index opened Friday’s session in positive territory, rising 0.51% to 28,773.7 as of early morning trade. The gain is largely intraday in nature — the index has shed 1.6% over the past 30 days and is down 21.4% compared to the same period last year, reflecting a sustained period of underperformance for the IT sector relative to broader market expectations.

The BSE Sensex, by contrast, declined 1.22% to 74,352.2 during the same window, suggesting that the IT sector’s morning uptick is a relative outlier rather than a broad market rally.

Top Gainers — Early Session

RPSG Ventures led the morning with a 6.31% gain on BSE to ₹773.95, followed by Oracle Financial Services at +5.87% to ₹6,987. Brightcom Group rose 4.93% to ₹8.94. Among the large-caps, TCS gained 1.37% to ₹2,410.65 — a notable move for the sector’s heaviest-weight stock — while HCL Technologies added 0.98% to ₹1,395.85.

Laggards — Stocks Under Pressure

eClerx Services fell 3.33% to ₹1,444 and Firstsource Solutions dropped 3.23% to ₹217.20. Mid-cap names were broadly weak: Aurionpro Solutions (-2.47%), Birlasoft (-2.28%), Datamatics Global (-2.16%), Zensar Technologies (-2.01%), and Infibeam Avenues (-2.45%) all declined over 2%.

Large-Cap IT — Where the Index Weight Sits

All five of the index’s heavyweight constituents — TCS, Infosys, HCL Technologies, Wipro, and Tech Mahindra — are trading in the green in early session. Infosys added 0.35% to ₹1,283.80, Wipro rose 0.50% to ₹190, and Tech Mahindra gained 0.46% to ₹1,415.65. Persistent Systems rose 0.78% to ₹4,965.65. LTIMindtree was the only large-cap in the red, down 0.27% to ₹4,280.50.

Mid-Cap and Niche IT

Coforge gained 0.38% to ₹1,167.40 and L&T Technology Services added 0.33% to ₹3,210.75. KPIT Technologies was nearly flat at +0.03%. On the downside, Cyient fell 1.94% to ₹800.10, Tanla Platforms dropped 1.83% to ₹404.30, Intellect Design Arena declined 1.53% to ₹649, and Sonata Software lost 1.41% to ₹224.50.

Data sourced from BSE and NSE as of 9:54 AM IST, March 27, 2026. This article is for informational purposes only and does not constitute investment advice.

TOPICS: IT sector