Shares of TCS, Infosys, Tech Mahindra, and HCL Technologies saw notable gains on the Indian stock market today, making them the top performers on the Sensex in early trading. Investors reacted positively ahead of the IT sector’s quarterly earnings season, reflecting a mix of anticipation and market sentiment.
At 9:30 am, the Sensex was up 258 points (0.3%) at 82,185, while the Nifty gained 65 points to 25,173.
Market Performance
- Infosys: ₹1,486.80 (+2.11%)
- TCS: ₹3,016.30 (+1.43%)
- Tech Mahindra: ₹1,454.00 (+1.08%)
- HCL Tech: ₹1,442.40 (+0.61%)
The early session gains placed IT majors among the top Sensex contributors, showing strong investor interest in the sector ahead of the Q2 earnings announcements.
Main News
The IT industry is closely watching TCS, which will kick off the Q2 FY26 earnings season on October 9, followed by HCL Tech on October 13.
The market is particularly attentive to:
- Revenue trends across verticals, including BFSI and high-tech sectors
- Deal ramp-ups and ongoing projects
- Impact of global conditions on client spending
These developments are expected to set the tone for broader IT stock movements in the coming weeks.
Company Details
Tata Consultancy Services (TCS)
- Leading IT services company
- Strong presence across BFSI, high-tech, and other verticals
- Known for large-scale client contracts and project execution
Infosys
- One of India’s top IT exporters
- Offers consulting, IT services, and digital solutions
- Diversified client base across sectors
Tech Mahindra
- Specializes in telecommunications and IT solutions
- Focus on digital transformation and enterprise services
HCL Technologies
- Provides IT and software services globally
- Known for technology solutions and consulting
These companies collectively represent the backbone of India’s IT export sector, influencing both domestic indices and investor sentiment.
Summary
Today’s market session highlighted strong performance in IT stocks, with TCS, Infosys, Tech Mahindra, and HCL Tech leading the gains. The anticipation around upcoming quarterly results, coupled with ongoing project executions and international client demand, has driven early trading interest.
With the Q2 earnings season set to begin, investors and market watchers are closely tracking the sector’s performance, particularly in BFSI, high-tech, and global deal pipelines. These companies continue to play a pivotal role in shaping Sensex and Nifty trends, reflecting the resilience of India’s IT sector in the stock market today.
