Indian IT stocks saw a strong recovery in early June 2026, with major companies like Infosys, Tata Consultancy Services (TCS), HCL Technologies and Tech Mahindra leading the gains.
Nifty IT Surges 8% In Three Sessions — Is the Worst Over for India’s IT Sector?
The Nifty IT index rose for three straight sessions on May 29, June 1 and June 2, indicating renewed buying interest after months of weakness. Read on to know what's driving the rally
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The rise comes after a long phase where the sector had been under pressure and underperformed broader markets. This time, the recovery is being supported by improving global tech sentiment, a favourable currency movement, and improving investor sentiment around artificial intelligence-linked demand.
The Nifty IT index rose for three straight sessions on May 29, June 1 and June 2, indicating renewed buying interest after months of weakness.
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