Archive · 27 Jul 2026
Nifty IT Index Surges Over 2.3%
The Nifty IT Index in India had a big increase of over 2.3% on Monday, July 27, 2026.
This means that many IT companies did really well that day.
Some of the biggest winners were Oracle Financial Services Software (OFSS) and Infosys.
Other companies like TCS, HCLTech, and Wipro also saw their stock prices go up.
Experts think this happened because big investors were buying a lot of these stocks, the rupee was weaker, and there was a lot of activity in the futures market.
Some people think this is a good sign for the IT sector, while others think it might not last.
Nifty IT Index surged over 2.3% to 29,456.55 in morning trade on Monday, July 27, 2026.
Oracle Financial Services Software (OFSS) led the gainers, rising 3.69% to ₹11,045.00.
Infosys gained 3.37% to ₹1,076.00, with strong institutional buying and positive earnings outlook.
Mid-cap and large-cap IT companies like Coforge, HCLTech, and TCS also saw significant gains.
Brokerages noted post-earnings relief and technical setups favoring tech bulls, with a weaker rupee benefiting export margins.
- Who
- Indian IT sector, Oracle Financial Services Software (OFSS), Infosys, TCS, HCLTech, LTIMindtree, Persistent Systems, Tech Mahindra, Mphasis, Wipro
- What
- Nifty IT Index surged over 2.3% in morning trade
- When
- Monday, July 27, 2026
- Where
- India
- Why
- Aggressive institutional buying, currency tailwinds, and strong futures rollover activity
Bullish Investors
Bearish Investors
Market Performance
Bullish Investors
The surge in the Nifty IT Index indicates strong market performance and investor confidence in the IT sector.
Bearish Investors
The surge may be temporary and driven by short-term factors, not reflecting long-term stability.
Currency Tailwinds
Bullish Investors
A weaker rupee benefits IT companies by increasing their export margins, making the sector more attractive.
Bearish Investors
Currency fluctuations are unpredictable and could reverse, impacting the sector negatively.
- Date
- Monday, July 27, 2026
- Nifty IT Index Opening
- 29,181.70
- Nifty IT Index High
- 29,523.15
- Nifty IT Index Closing
- 29,456.55
- OFSS Price
- ₹11,045.00
- Infosys Price
- ₹1,076.00
- TCS Price
- ₹2,296.60
- Rupee to Dollar
- 96.66
Sources
Stocks making the big moves midday: Infosys, IndiGo, IDFC First Bank and more
Top Gainers & Losers on 27 July: CarTrade Tech, Laurus Labs, Infosys, Atul, TBO Tek, Anant Raj among top gainers
Nifty IT Index Surges Over 2.3% to 29,450; OFSS and Infosys Lead Broad-Based Rally as Brokerages Eye Currency Tailwinds
