Nifty IT Index Gained 1.57% Today As IT, Software Stocks Gained
By Ankur Chandra | Published at: Jun 16, 2025 04:25 PM IST
The Nifty IT index gained 1.57% or 603.89 points by the end of the day today, 16th June, 2025. It outperformed the benchmark indices with all 10 constituents trading in the green. The tech-heavy index opened strong at 38,440.85 and touched an intraday high of 39,013.95 by midday.
The rally comes amid improved sentiment for IT services on expectations of stable global demand and easing rate concerns, propelling fresh institutional interest across the sector.
Nifty IT Live Snapshot (as of 12:24 PM)
| Metric | Value |
|---|---|
| Last Price | 38,935.55 |
| Change | +466.30 |
| % Change | +1.21% |
| Open | 38,440.85 |
| Day High | 39,013.95 |
| Day Low | 38,369.05 |
| Previous Close | 38,469.25 |
| 52-Week High | 46,088.90 |
| 52-Week Low | 30,918.95 |
Top Performing IT Stocks
| Stock | Price (₹) | Change (₹) | % Change |
|---|---|---|---|
| Coforge | 1,833.00 | +40.50 | +2.26% |
| Persistent | 5,990.50 | +108.00 | +1.84% |
| TCS | 3,496.70 | +51.00 | +1.48% |
| OFSS | 9,617.00 | +138.50 | +1.46% |
| Tech Mahindra | 1,680.40 | +21.40 | +1.29% |
| HCL Tech | 1,717.00 | +21.70 | +1.28% |
| Infosys | 1,619.00 | +17.00 | +1.06% |
| Mphasis | 2,670.20 | +26.00 | +0.98% |
| LTIMindtree | 5,437.00 | +8.00 | +0.15% |
| Wipro | 260.35 | +0.14 | +0.05% |
IT stocks traded higher in today’s session, led by strong gains in mid and large-cap counters. Coforge and Persistent emerged as top performers, rising over 2% and 1.8%, respectively. Heavyweights like TCS, Infosys, and HCL Tech also contributed to the sector’s positive momentum, reflecting broad-based buying interest across the IT space.
Sector Trend
The index has gained 11.19% over the past year and 1.31% in the last 30 days. Despite being nearly 15.5% off its 52-week high, today’s rally has narrowed that gap significantly, suggesting renewed momentum in the sector. Market breadth within the IT space remains strongly positive with 10 advances and 0 declines, indicating robust participation.
Broader Market Check
The benchmark Nifty 50 was up 183.25 points or 0.74% at 24,901.85 as of the latest update. Market sentiment remains buoyant across sectors. IT and financials are leading the charge.
About Nifty IT:
The Nifty IT index represents India’s top-listed IT companies and reflects investor sentiment in the software and IT consulting industry. It includes major players such as Infosys, TCS, HCL Technologies, Wipro, and others.
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