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Nifty IT Index Climbs 11.72% This Week: Top 5 Large, Mid and Small Cap IT Stocks (Oct 12-16, 2026)

Written by: Team Angel OneUpdated on: 17 Oct 2026, 1:20 am IST
The Nifty IT index gained 11.72% during the week ended October 16, 2026, closing at 31,924.10. This article lists the top 5 performing IT stocks across large, mid and small caps.
Nifty IT Index Climbs 11.72% This Week
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The Nifty IT Index ended the week higher for the period October 12 to October 16, 2026. Here is how the index and its leading stocks performed. 

Nifty IT Surges 3,349.20 Points This Week (Oct 12-16, 2026) 

The Nifty IT index gained 3,349.20 points or 11.72% during the week, closing at 31,924.10 on October 16, 2026, against 28,574.90 on October 9, 2026. It opened the week at 28,688.40, touched a high of 32,015.65 and a low of 28,213.85. In comparison, the Nifty 50 gained 2.78% to settle at 23,146.15, which means Nifty IT outperformed the benchmark by 8.94 percentage points. 

Top 5 Large Cap IT Stocks of the Week (Oct 12-16, 2026) 

Among the 6 IT stocks in the NIFTY 100 universe, 6 closed the week higher while 0 ended lower. The best performer was Tech Mahindra (TECHM), which rose 18.22% to close at ₹1,790.00 from ₹1,514.10 a week earlier. 

# Company Previous Week Close (₹) Close (₹) Change (₹) Weekly % Change 
1 Tech Mahindra (TECHM) 1,514.10 1,790.00 +275.90 +18.22% 
2 Tata Consultancy Services (TCS) 2,156.00 2,465.00 +309.00 +14.33% 
3 Infosys (INFY) 1,023.40 1,161.20 +137.80 +13.46% 
4 Wipro (WIPRO) 162.57 184.40 +21.83 +13.43% 
5 HCL Technologies (HCLTECH) 1,216.70 1,380.00 +163.30 +13.42% 

Top 5 Mid Cap IT Stocks of the Week (Oct 12-16, 2026) 

Among the 6 IT stocks in the NIFTY MIDCAP 150 universe, 4 closed the week higher while 2 ended lower. The best performer was L&T Technology Services (LTTS), which rose 13.59% to close at ₹3,714.60 from ₹3,270.10 a week earlier. 

# Company Previous Week Close (₹) Close (₹) Change (₹) Weekly % Change 
1 L&T Technology Services (LTTS) 3,270.10 3,714.60 +444.50 +13.59% 
2 Hexaware Technologies (HEXT) 538.50 582.75 +44.25 +8.22% 
3 MphasiS (MPHASIS) 2,360.00 2,500.00 +140.00 +5.93% 
4 Coforge (COFORGE) 1,867.90 1,951.90 +84.00 +4.50% 
5 Persistent Systems (PERSISTENT) 5,770.00 5,741.00 -29.00 -0.50% 

Top 5 Small Cap IT Stocks of the Week (Oct 12-16, 2026) 

Among the 13 IT stocks in the NIFTY SMALLCAP 250 universe, 13 closed the week higher while 0 ended lower. The best performer was Tata Elxsi (TATAELXSI), which rose 23.01% to close at ₹3,850.10 from ₹3,130.00 a week earlier. 

# Company Previous Week Close (₹) Close (₹) Change (₹) Weekly % Change 
1 Tata Elxsi (TATAELXSI) 3,130.00 3,850.10 +720.10 +23.01% 
2 KPIT Technologies (KPITTECH) 479.00 555.00 +76.00 +15.87% 
3 Zensar Technolgies (ZENSARTECH) 448.55 507.75 +59.20 +13.20% 
4 Birlasoft (BSOFT) 285.30 318.20 +32.90 +11.53% 
5 Intellect Design Arena (INTELLECT) 584.10 646.40 +62.30 +10.67% 

Read More: Jio Financial Services Share Price in Focus as Q2FY27 Profit Falls 51%! 

Conclusion 

The Nifty IT index gained 11.72% over the week ended October 16, 2026. Weekly leaders were Tech Mahindra (large cap), L&T Technology Services (mid cap) and Tata Elxsi (small cap). Investors can track these stocks and the index on Angel One for live prices and updates. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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.

Published on: Oct 16, 2026, 7:50 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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