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14h agoIT stocks lift Nifty as Infosys and HCL Tech outperform; Bharti Airtel, Tata Consumer slip
Indian IT majors extended gains on October 23, pushing the Nifty IT index up 2% while the Private Bank index rose 0.5%. Infosys advanced 4% after promoters dropped plans for an ₹18,000 crore share buyback, HCL Technologies gained 3.2%, and TCS rose 2.7%. Conversely, Bharti Airtel and Tata Consumer Products declined 1.4% and 0.9%, respectively, on profit-booking. Broader indices showed mixed sentiment with small-caps under pressure. Analysts said selective rotation toward export-driven tech counters is likely to continue as investors position for steady Q3 results amid global macro uncertainty.
neutral
14h agoIT stocks lift Nifty as Infosys and HCL Tech outperform; Bharti Airtel, Tata Consumer slip
Indian IT majors extended gains on October 23, pushing the Nifty IT index up 2% while the Private Bank index rose 0.5%. Infosys advanced 4% after promoters dropped plans for an ₹18,000 crore share buyback, HCL Technologies gained 3.2%, and TCS rose 2.7%. Conversely, Bharti Airtel and Tata Consumer Products declined 1.4% and 0.9%, respectively, on profit-booking. Broader indices showed mixed sentiment with small-caps under pressure. Analysts said selective rotation toward export-driven tech counters is likely to continue as investors position for steady Q3 results amid global macro uncertainty.
neutral
IT stocks lift Nifty as Infosys and HCL Tech outperform; Bharti Airtel, Tata Consumer slip
about 15 hours ago
1 min read
89 words
Infosys, HCL Tech, and TCS led Nifty IT’s 2% rise as buyback news and export optimism lifted tech stocks, while Bharti Airtel and Tata Consumer fell on profit-booking.
Indian IT majors extended gains on October 23, pushing the Nifty IT index up 2% while the Private Bank index rose 0.5%. Infosys advanced 4% after promoters dropped plans for an ₹18,000 crore share buyback, HCL Technologies gained 3.2%, and TCS rose 2.7%. Conversely, Bharti Airtel and Tata Consumer Products declined 1.4% and 0.9%, respectively, on profit-booking. Broader indices showed mixed sentiment with small-caps under pressure. Analysts said selective rotation toward export-driven tech counters is likely to continue as investors position for steady Q3 results amid global macro uncertainty.
Indian IT majors extended gains on October 23, pushing the Nifty IT index up 2% while the Private Bank index rose 0.5%. Infosys advanced 4% after promoters dropped plans for an ₹18,000 crore share buyback, HCL Technologies gained 3.2%, and TCS rose 2.7%. Conversely, Bharti Airtel and Tata Consumer Products declined 1.4% and 0.9%, respectively, on profit-booking. Broader indices showed mixed sentiment with small-caps under pressure. Analysts said selective rotation toward export-driven tech counters is likely to continue as investors position for steady Q3 results amid global macro uncertainty.
Companies:
Infosys
HCL Technologies
TCS
+2 more
Tags:
stocks
india
stocks
india
it-sector
infosys
hcl-technologies
tcs
bharti-airtel
tata-consumer
Source:
Oct 23, 2025 • 14:07 IST