Tech Mahindra jumps 8.0% in Nifty IT
Key Highlights
The Nifty IT index rose to 31,701.20 at 12:29 IST on Friday 16 October 2026. The index is +3.19% against the previous close of 30,719.80.
- Nifty IT rose 3.19% to 31,701.20 at 12:29 IST.
- 8 of 10 member stocks were higher.
- Tech Mahindra had the largest gain at +8.04%.
- The was +0.53%.
Figures as of: 12:29 IST, Friday 16 October 2026
The Nifty IT index rose to 31,701.20 at 12:29 IST on Friday 16 October 2026, a change of +3.19%. The index opened at 30,983.15 and has not traded below the previous close of 30,719.80 today. Among the 10 member stocks, 8 were higher and 2 were lower. Tech Mahindra recorded the largest gain at +8.04%.
Nifty IT today
| Level | Change today | |
|---|---|---|
| Nifty IT (12:29 IST) | 31,701.20 | +3.19% (+981.40 points) |
| Previous close | 30,719.80 | – |
| Opened at | 30,983.15 | +0.86% |
| Day’s range | 30,904.10 – 31,813.10 | high +3.56% on the previous close |
| Nifty 50 | 23,120.10 | +0.53% |
| India VIX | 13.99 | −0.27% |
How it compares with other sectors
| Sector index | Change today |
|---|---|
| Nifty IT | +3.19% |
| Nifty Media | +1.47% |
| Nifty Metal | +1.28% |
| Nifty Auto | +0.64% |
| Nifty PSU Bank | +0.58% |
| Nifty Infrastructure | +0.39% |
| Nifty India Consumption | +0.27% |
| Nifty PSE | +0.12% |
| Nifty CPSE | +0.01% |
| Nifty Energy | −0.02% |
| Nifty Financial Services | −0.04% |
| Nifty Realty | −0.05% |
| Nifty Bank | −0.14% |
| Nifty Pharma | −0.22% |
| Nifty Chemicals Index | −0.24% |
| Nifty Healthcare Index | −0.37% |
| Nifty Oil & Gas | −0.39% |
| Nifty FMCG | −0.77% |
Nifty IT stocks today
| Stock | Price | Change | Volume vs average |
|---|---|---|---|
| Tech Mahindra | ₹1,782.60 | +8.04% | 6.33× |
| Wipro | ₹184.55 | +6.03% | 2.41× |
| Tata Consultancy Services | ₹2,450.10 | +4.26% | 1.43× |
| Infosys | ₹1,152.45 | +3.82% | 1.36× |
| LTM | ₹4,335.00 | +2.36% | 0.75× |
| Mphasis | ₹2,490.00 | +1.50% | 1.21× |
| HCL Technologies | ₹1,376.80 | +1.24% | 1.05× |
| Oracle Financial Services Software | ₹10,355.00 | +1.02% | 0.68× |
| Coforge | ₹1,912.70 | −1.12% | 0.62× |
| Persistent Systems | ₹5,663.00 | −3.03% | 3.24× |
With 8 of 10 member stocks higher, the Nifty IT index ranks number 1 among 18 sector indices by change. Tech Mahindra led the index with a gain of +8.04% at ₹1,782.60. In comparison, the Nifty 50 traded at 23,120.10, a change of +0.53%.
Where Nifty IT stands
| Reference point | Level | Nifty IT now against it |
|---|---|---|
| Previous close (2026-10-15) | 30,719.80 | +3.19% |
| Close five sessions earlier (2026-10-09) | 28,574.90 | +10.94% |
| Close about a month ago (2026-09-16) | 29,087.65 | +8.99% |
| 52-week high close (2025-12-22) | 39,488.00 | −19.72% |
| 52-week low close (2026-07-01) | 25,769.80 | +23.02% |
The index is +3.19% against the previous close of 30,719.80. It stands at +10.94% against the close of 28,574.90 recorded five sessions earlier. Compared to the 52-week high close of 39,488.00, the index is −19.72%.
Nifty IT: FAQs
How much has the Nifty IT index risen today?
Nifty IT rose 3.19% to 31,701.20 at 12:29 IST on Friday 16 October 2026, against a previous close of 30,719.80.
Which IT stock is rising the most today?
Tech Mahindra had the largest gain at +8.04%, trading at ₹1,782.60 at 12:29 IST on Friday 16 October 2026.
Are all IT stocks up today?
8 of 10 stocks in Nifty IT were higher at 12:29 IST on Friday 16 October 2026.
How does Nifty IT compare with the Nifty 50 today?
Nifty IT was +3.19% against +0.53% for the Nifty 50 at 12:29 IST on Friday 16 October 2026.
This article is for information only and is not investment advice. Prices are from the National Stock Exchange. Calculations are by ThePip. Prices and figures move through the session; the time above says when these were read. Investments in securities are subject to market risks.