Unusual Movements in BSE 500 Stocks: 02 July 2026

Sonata Sotware (+7.4%)/ Birlasoft (+7.4%) / Mastek (+7.3%) / Infosys(+5.7%) / TCS (+5.7%): The latest rally has been driven by a mix of improving global sentiment, optimism around artificial intelligence spending, expectations of lower US interest rates and the benefit of a weaker rupee. The immediate trigger came from the United States, where cloud software company Snowflake reported stronger-than-expected results and issued encouraging commentary on demand trends. The results reassured investors that spending on software, cloud services and artificial intelligence remains healthy despite concerns over slowing global growth.