Indian IT stocks join global relief rally in software stocks

Infosys

25/02/2026 04:38

** Indian IT stocks .NIFTYIT climb 2.4%, on track to snap five-session losing streak

** Gains mirror rebound in global software stocks overnight after US-based Anthropic's announcement revived enthusiasm that AI would boost business profitability across certain sectors

** All 10 constituents on sub-index trade higher with gains led by Infosys' INFY.NS 3.4% climb

** TCS TCS.NS, HCLTech HCLT.NS and LTIMindtree LTIM.NS rise ~3% each

** IT index had slumped 9.1% in last five sessions

** YTD, IT down 18.5% vs Nifty 50's .NSEI 2% drop

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))