Infosys, TCS, Tech Mahindra Lead 2% Surge in Nifty IT; H-1B Hopes and Global Cues Boost Sentiment

Indian technology stocks continued their upward momentum on November 12, 2025, with the Nifty IT index rising 2.16% to a day’s high of 36,911, nearing a 2-month peak. The sector recorded a 3-day gain of over 5%, driven by strong buying across major IT firms.

Top Gainers in the IT Pack

All 10 constituents of the index traded higher. Tech Mahindra led the rally with a 3.6% rise to ₹1,459, followed by LTIMindtree, MphasiS, and TCS, each gaining up to 3.5%. 

Other major players like Infosys, HCL Tech, Coforge, Wipro, Persistent Systems, and Oracle Financial Services also saw gains between 1.5% and 2.2%.

4 Key Factors Driving the IT Rally

1. Trump’s Softer Stance on H-1B Visas

US President Donald Trump’s recent remarks easing concerns about H-1B visa restrictions boosted market confidence. He acknowledged the need to “bring in talent” to the US, reassuring investors that Indian tech professionals would continue to have opportunities in the American market.

2. Progress on US Government Funding

Investor mood improved after the US Senate passed a funding bill to avert a government shutdown, ensuring most departments stay operational until January 30, 2026. This reduced worries about disruptions in US economic activity, a key market for Indian IT exports.

3. Signs of a US-India Trade Deal

Trump also hinted that tariffs on Indian goods could be reduced significantly as both nations move toward a new trade deal. He suggested tariffs could fall from 50% to around 15–16%, signaling improved bilateral relations and trade prospects.

4. Hopes of a US Fed Rate Cut

Market optimism rose further on expectations of a rate cut by the US Federal Reserve next month. Weak labor data and falling consumer sentiment have strengthened hopes for monetary easing, which typically benefits global equities, including Indian IT stocks.

Read More: Dividends, Buybacks, and Stock Splits This Week (Nov 10–14, 2025): Infosys, Power Grid, NALCO, and More.

Conclusion

With a combination of positive global cues, policy reassurance on H-1B visas, and hopes of trade and rate relief, India’s IT sector is witnessing renewed investor confidence. As stocks like TCS, Infosys, and Tech Mahindra continue to rally, the Nifty IT index is on track to regain lost ground and possibly set new highs in the coming weeks.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.