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Why Nifty IT Rose 3% Today: Infosys, Tech Mahindra and Wipro Lead the Rally

Written by: Kusum KumariUpdated on: 16 Jan 2026, 6:09 pm IST
Nifty IT jumped 3% on Friday as Infosys surged 5% after a guidance upgrade, strong deal wins and improving demand outlook lifted IT stocks across the board.
Nifty IT
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Information technology (IT) stocks were in strong demand on Friday, pushing the Nifty IT index up nearly 3% during intra-day trade. The rally was led by Infosys, whose quarterly performance boosted investor confidence across the sector.

At the same time, the benchmark Nifty 50 rose modestly, highlighting that IT stocks were the main drivers of the market’s gains.

Infosys Emerges as the Key Trigger

Infosys shares jumped around 5% after the company reported steady sequential growth in the December quarter. Growth was supported by the healthcare segment, large deal ramp-ups, and strong momentum in big contract wins, despite the quarter being seasonally weak.

The company also raised its FY26 revenue growth guidance to 3%–3.5%, indicating improved demand visibility and stronger execution.

Broad-Based Gains Across IT Stocks

The rally was not limited to Infosys alone. Several large and mid-sized IT companies moved higher:

  • Tech Mahindra and LTIMindtree gained around 4%
  • Mphasis and Oracle Financial Services rose close to 5%
  • TCS, Wipro, HCL Technologies, Coforge and Persistent Systems advanced 2–3%

Even non-index IT stocks such as Birlasoft, KPIT Technologies, Hexaware and Mastek climbed between 3% and 5%.

Strong Deal Wins and AI Focus Boost Confidence

Infosys is currently working on thousands of AI-led projects and has positioned itself as a preferred AI partner for several large global banks. 

Also Read: Groww Share Price in Focus: State Street to Invest ₹580 Crore in Groww AMC!

Conclusion

Nifty IT’s sharp rise on Friday was driven by strong gains in Infosys and positive sentiment across the IT sector. Improved guidance, robust deal wins and optimism around AI-led growth have lifted confidence. 

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

Published on: Jan 16, 2026, 12:39 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.

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