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Nifty IT witnesses best month in nearly a year

Business Standard

|

October 29, 2025

Clawing back on the bourses amid inline September 2025 quarter (Q2FY26) results, the Nifty IT index has surged 6.6 per cent so far in October as against 5.4 per cent rise inthe Nifty 50.

- SAI ARAVINDH

This, according to Bloomberg data, is the IT index's best monthly gain since November 2024.

Among individual stocks, Infosys has risen by 4 per cent, while Tata Consultancy Services (TCS) and HCLTech have risen by 5.9 percent and 9.9 percent, respectively thus far in October.

Analysts, however, remain cautious regarding the rebound and suggest that the optimism around India’s IT stocks could be short-lived as muted growth visibility may dampen the sentiment.

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