
Indian stock markets opened on a strong note on Friday, ending their recent losing streak. The Sensex jumped over 700 points, while the Nifty surged past 25,800, driven mainly by buying in information technology (IT) stocks.
The rally follows encouraging Q3 earnings updates and signs of easing global tensions, which helped improve short-term investor confidence.
Infosys emerged as the biggest trigger for today’s rally. The IT major raised its full-year revenue growth guidance while announcing its Q3FY26 results.
The company now expects revenue growth of 3%–3.5%, up from its earlier estimate of 2%–3%. This upgrade indicates stable client demand, especially in key segments like financial services, boosting confidence across the market.
The rally was not limited to Infosys alone. Buying interest spread across the IT sector, pushing the Nifty IT index up over 2% in early trade.
Stocks such as TCS, HCL Technologies, Wipro, Tech Mahindra, LTIMindtree, and Mphasis all rose by more than 2%, supporting the sharp rise in benchmark indices.
Improved outlook and guidance upgrades in the IT sector have strengthened short-term market confidence. Investors are reacting positively to signs of stable demand and better revenue visibility, especially amid ongoing Q3 earnings announcements.
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Another factor supporting the rally is easing global concerns. Worries around crude oil supply risks reduced after fears of a potential US strike on Iran eased. This led to a decline in crude prices and improved sentiment in equity markets.
Today’s market rally was driven mainly by strong gains in IT stocks, led by Infosys’ guidance upgrade, along with easing global tensions.
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.
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Published on: Jan 16, 2026, 11:59 AM 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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