Infosys Leads Nifty 50 Gainers as HCL Technologies, Tech Mahindra, TCS Powers Index Higher

Mumbai, May 19: Infosys led the Nifty 50 gainers chart on Tuesday, surging 4.51% to close at Rs 1,194 as US President Donald Trump’s decision to pause a planned military strike on Iran and signal the possibility of a nuclear deal triggered a decisive risk-on rotation into India’s export-oriented technology sector, lifting the broader IT index by nearly 3.6% and dragging the benchmark Nifty 50 firmly higher.

HCL Technologies, Tech Mahindra, Tata Motors, TCS, and Eternal also featured among the session’s top index gainers, with stocks rising between 1.03% and 2.91% as institutional money flowed back into dollar-earning and consumption-oriented businesses that had been under pressure during the weeks of elevated geopolitical anxiety over the Middle East conflict.

Infosys: Top Gainer

Infosys (INFY) topped the Nifty 50 gainers chart on Tuesday, surging 4.51% to close at Rs 1,194, up from its previous close of Rs 1,142.50 on the National Stock Exchange. The stock opened at Rs 1,162, scaled a session high of Rs 1,198.40, and held a low of Rs 1,162 — a firm, broad advance that held through the afternoon without meaningful retracement. Over 3.21 crore shares worth approximately Rs 3,831 crore changed hands. The sharp move in Infosys reflected aggressive institutional accumulation as the easing geopolitical risk premium reduced fears over global IT spending slowdowns, with the prospect of a softer dollar and recovering enterprise sentiment reinforcing the bull case for India’s largest export-oriented technology major.

HCL Technologies

HCL Technologies (HCLTECH) was the second-biggest Nifty 50 gainer on Tuesday, rising 2.91% to close at Rs 1,180, up from its previous close of Rs 1,146.60. The stock opened at Rs 1,156, touched an intraday high of Rs 1,198.30, and held a session low of Rs 1,152.30. Approximately 57.57 lakh shares worth Rs 680 crore changed hands. HCL Tech’s strong showing underscored the broad-based nature of the IT rally, with investors citing the company’s resilient discretionary spending pipeline and consistent margin delivery as reasons for preferring the counter alongside Infosys and TCS during the sector-wide re-rating.

Tech Mahindra

Tech Mahindra (TECHM) was the third-biggest gainer, advancing 2.59% to Rs 1,467 from a previous close of Rs 1,430. The stock opened at Rs 1,446.30, touched a high of Rs 1,506.80, and held a low of Rs 1,445.60, with approximately 66.97 lakh shares worth Rs 994 crore traded. Tuesday’s gain extended the recovery from TECHM’s weekly low of approximately Rs 1,338 touched on May 14, with the stock now up nearly 9.7% from that trough as the combination of rupee strength, Iran de-escalation, and improving global sentiment continued to attract buyers.

Tata Motors

Tata Motors (TATAMOTORS) gained 2.08% to Rs 360.50 from its previous close of Rs 353.15, opening at Rs 352.90 and hitting a high of Rs 365.80 with a session low of Rs 352.90. Over 1.51 crore shares worth Rs 547 crore were traded as the automaker benefited from both the broad market recovery and easing input cost concerns following the sharp drop in crude oil prices, which directly improves margins for its commercial vehicle and passenger vehicle businesses.

TCS

TCS (TCS) rose 2.05% to Rs 2,330 from its previous close of Rs 2,283.20, opening at Rs 2,300 and scaling a high of Rs 2,377.60 with a session low of Rs 2,297.10. Over 1.03 crore shares worth Rs 2,440 crore were traded, making it one of the highest-value counters among the day’s gainers, as India’s largest IT company drew continued institutional support amid the sector-wide re-rating triggered by improving global risk sentiment.

Eternal

Eternal (ETERNAL) rounded out the top six Nifty 50 gainers, rising 1.95% to Rs 246.10 from its previous close of Rs 241.40. The stock opened at Rs 240.02, hit a high of Rs 249.85, and recorded a low of Rs 238.70, with over 3.30 crore shares worth Rs 812 crore traded, as the consumer internet major attracted buying interest on improved urban consumption sentiment following the easing of geopolitical and inflationary pressures.

Source: 
https://www.nseindia.com/market-data/top-gainers-losers

https://www.nseindia.com/get-quote/equity/ETERNAL/ETERNAL-LIMITED