Nifty IT Index Jumps 2% as Infosys, HCL Tech, TCS Lead the Rally on November 10, 2025

Written by: Kusum KumariUpdated on: 10 Nov 2025, 6:08 pm IST

Nifty IT jumps 2% as Infosys, HCL Tech and TCS rally on value buying; sector sees better demand, steady deals and margin support, lifting sentiment despite YTD weakness.

Top IT companies such as Infosys, HCL Tech, TCS, Wipro, LTIMindtree, and Mphasis gained between 2 and 3%in intraday trade. The Nifty IT index climbed 2%, beating the Nifty 50’s 0.5%rise. Since September 30, the IT index has grown 6.4%, outpacing the Nifty 50’s 4 % gain.

Recent Performance Still Weak in 2025

Despite the recent bounce, the Nifty IT index is still down 17% in 2025, while the Nifty 50 has gained 8.4% this year.

Why the IT Index Is Rising?

Demand is stabilising, project cancellations have reduced, and deal activity remains steady. More companies are adopting AI, and mid-tier IT firms are benefiting due to better alignment with this shift. Margin performance was stronger than expected, helped by a 3%rupee depreciation.

However, many IT companies have already used most cost-cutting levers like wage control and efficiency measures, leaving limited room for further margin support.

Infosys Share Price Gains on Buyback Announcement

Infosys share price jumped 3% intraday after fixing November 14 as the record date for its ₹18,000 crore share buyback.

Conclusion

The IT sector is finally seeing signs of stability after a long period of slow growth. Stronger margins, better demand visibility, and rising AI-led opportunities are helping rebuild confidence. If discretionary spending improves, the industry could see a sharper recovery in FY27.

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.

Published on: Nov 10, 2025, 12:38 PM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

Know More