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    India's Nifty IT index sole weekly gainer among major sectors

    Picture of Tata Consultancy Services logoTata Consultancy Services
    23/10/2026 11:40
    BUZZ-India's Nifty IT index sole weekly gainer among major sectors
    ** India's Nifty IT index .NIFTYIT closes up 0.22% at 31,995.5 points 
    ** Sole gainer among 16 major sectors in India
    ** Sub-index rises for fourth straight week as quarterly results from major IT companies top expectations
    ** Gains supported by selloff in global AI stocks as analysts see software firms as a relative hedge against the AI-trade
    ** Top weekly stocks: Tata Consultancy Services TCS.NS up 2.64%, Wipro WIPR.NS up 2.95%, HCL Technologies HCLT.NS up 3.06%
    ** YTD, Nifty IT index down 15.57% 

     (Reporting by Aishwarya Jain in Bengaluru)
     ((Aishwarya.Jain@thomsonreuters.com;))

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