Nifty IT Today: Index Rises 1.42% in Strong Closing-Bell Session
- August 7, 2026
- Posted by: Harsh Piplani
- Category: News
Quick sector takeaways
- Nifty IT rose 1.42% or 441.50 points to close at 31,547.70, compared with its previous close of 31,106.20.
- The index was the second top-gaining sector index among the configured sector indices in the session.
- Breadth was positive across the nine display-safe stocks: all nine advanced, with no decliners or unchanged stocks in this group.
- Tata Consultancy Services, LTIMindtree and Mphasis led the percentage gains. The next session will test whether the index can retain its strength after ending below the day’s high.
At the closing bell on 7 August 2026, nifty it today presented a firm end-of-session picture. The index closed higher after trading between 31,047.45 and 31,799.15 during the day. Figures in this update are as of 7 August 2026 at 4:15:00 PM IST.
Nifty IT today: a strong end-of-session wrap
Nifty IT added 441.50 points from the previous close to finish at 31,547.70, a gain of 1.42%. The index opened at 31,067.05, marginally below the previous close of 31,106.20, before moving higher through the session. It also stayed above its opening level at the close, which is a direct reflection of the day’s positive price movement.
The closing value was 251.45 points below the intraday high of 31,799.15 and 500.25 points above the day low of 31,047.45. This means the index finished in the upper part of its intraday range, although not at the session peak. The full intraday range was 751.70 points, underlining that the advance unfolded alongside meaningful movement within the session.
Price snapshot
| Metric | Level | Session reading |
|---|---|---|
| Previous close | 31,106.20 | Reference level for the day |
| Open | 31,067.05 | Opened 39.15 points below the previous close |
| Day low | 31,047.45 | Lowest level recorded in the session |
| Day high | 31,799.15 | Highest level recorded in the session |
| LTP/close | 31,547.70 | Up 441.50 points or 1.42% |
The price snapshot shows how nifty it today changed over the trading day: an opening near the lower end of the range was followed by a move to 31,799.15, before the index settled at 31,547.70. The close remained comfortably above both the day low and the opening level.
Sector ranking
Nifty IT was the second top-gaining sector index among the configured indices tracked in this session. Its 1.42% rise was behind Nifty Auto, which gained 1.84%, while it exceeded the gains recorded by Nifty Metal at 0.50%, Nifty Mid Select at 0.42% and Nifty FMCG at 0.13%. This ranking places technology stocks among the stronger pockets of the tracked market at the close.
The ranking is based on the day’s percentage move in the sector indices. It is an observation of relative performance for this session, rather than an assessment of future direction. Readers can follow the broader market dashboard through Univest Market View.
Constituent breadth
The internal breadth picture supported the index gain. All nine display-safe Nifty IT stocks advanced on the day, with zero decliners and zero unchanged stocks. Such breadth indicates that the positive close was reflected across the available named stock set rather than being limited to one or two gainers.
The advances ranged from 0.17% in Tech Mahindra to 3.36% in Tata Consultancy Services. Coforge gained 0.18%, while the remaining named stocks rose between 0.76% and 2.87%. The distribution gives the 1.42% sector-index move a broad-based character for the stocks available in the day’s display.
Heavyweights versus broader participation
The supplied heavyweight stock set also remained positive. LTIMindtree rose 2.87%, HCL Technologies gained 1.62%, L&T Technology Services added 1.22%, Infosys advanced 0.87% and Coforge increased 0.18%. This mix combined stronger gains in some major names with smaller but positive moves in others.
The supplied most-active stock set included Coforge, HCL Technologies, Infosys, L&T Technology Services and LTIMindtree. Each of these stocks ended higher. The overlap between this group and the positive heavyweight set reinforces the session’s broad upward participation, without assigning a cause to the move.
Key Nifty IT stocks
| Stock | Move | Why it matters |
|---|---|---|
| Tata Consultancy Services | ₹2,452.70, up 3.36% | It was the strongest percentage gainer among the named stocks. |
| LTIMindtree | ₹4,658.10, up 2.87% | It closed near its day high of ₹4,688. |
| Mphasis | ₹2,475.00, up 2.19% | It featured among the leading positive movers. |
| HCL Technologies | ₹1,356.60, up 1.62% | Its advance added to positive participation in the supplied heavyweight set. |
| Infosys | ₹1,175.10, up 0.87% | It remained positive and closed above its opening level. |
Biggest positive movers
Tata Consultancy Services led the named gainers, rising ₹79.70 to ₹2,452.70. Its day high was ₹2,457.70, leaving the close ₹5 below that level. LTIMindtree followed with a ₹130.10 gain to ₹4,658.10, while Mphasis added ₹53.10 to ₹2,475.00. HCL Technologies and L&T Technology Services completed the leading group with gains of 1.62% and 1.22%, respectively.
These moves were accompanied by gains in Infosys, Wipro, Coforge and Tech Mahindra, showing that the session’s positive tone extended beyond the top three percentage performers.
Stocks to watch next session
- Tata Consultancy Services: closed at ₹2,452.70 after reaching ₹2,457.70 during the session.
- LTIMindtree: ended at ₹4,658.10, compared with an intraday high of ₹4,688.
- Mphasis: closed at ₹2,475.00 after trading between ₹2,405.10 and ₹2,498.
- HCL Technologies: finished at ₹1,356.60, below its day high of ₹1,369.
- Infosys: ended at ₹1,175.10, with a session range of ₹1,155.60 to ₹1,183.
- Tech Mahindra: closed at ₹1,635.00 after an intraday high of ₹1,681.50.
The constructive case
The constructive evidence is visible in the index close and stock-level breadth. Nifty IT gained 1.42%, closed 441.50 points above the previous close and finished above its opening level. Nine of nine display-safe stocks advanced, while the largest named movers posted gains above 2%.
The index also closed in the upper portion of its day range. TCS, LTIMindtree, Mphasis, HCL Technologies and L&T Technology Services all recorded gains of more than 1%, providing a clear set of positive price observations from the session.
The cautious case
The index did not finish at its intraday high. After touching 31,799.15, Nifty IT closed at 31,547.70, 251.45 points lower. The next session’s price action will therefore show whether the sector can build on the close or sees further movement within its daily range.
There was also variation in the size of gains across the named stocks. While TCS, LTIMindtree and Mphasis delivered stronger advances, Coforge and Tech Mahindra rose 0.18% and 0.17%, respectively. This variation is worth monitoring alongside the broader positive breadth.
Univest Insights
The closing-bell setup for nifty it today was constructive on the available price data: a 1.42% index rise, a close above the opening level and a fully positive set of nine display-safe stocks. The sector’s second-place ranking among configured sector indices further highlights its relative strength for the day.
Within the index, TCS and LTIMindtree stood out with advances of 3.36% and 2.87%. Mphasis added 2.19%, while HCL Technologies and L&T Technology Services also gained more than 1%. These are price observations that framed the day’s sector move.
At the same time, the gap between the day high and the close is a useful reference point for the next session. The index’s 31,047.45 to 31,799.15 range provides the immediate context for assessing whether the closing strength is sustained.
For traders and investors, the key signal to watch is…
Published on 7 August 2026 at 4:16 PM IST
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Frequently asked questions
What was Nifty IT today?
Nifty IT closed at 31,547.70 on 7 August 2026, up 441.50 points or 1.42% from 31,106.20.
Was Nifty IT among the top sector gainers?
Yes. Nifty IT was the second top-gaining sector index among the configured sector indices, with a 1.42% gain.
What were Nifty IT’s day high and day low?
The index recorded a day high of 31,799.15 and a day low of 31,047.45.
How was Nifty IT breadth at the close?
All nine display-safe stocks advanced. There were no decliners and no unchanged stocks in this displayed group.
Which stocks were the biggest Nifty IT gainers?
Tata Consultancy Services gained 3.36%, LTIMindtree rose 2.87% and Mphasis added 2.19%.
Which Nifty IT stocks are in focus for the next session?
Tata Consultancy Services, LTIMindtree, Mphasis, HCL Technologies, Infosys and Tech Mahindra are stocks to watch based on their session price action.
Disclaimer
Investments in securities markets are subject to market risks. Read all related documents carefully before investing. This sector-index update is for informational and educational purposes only and is not personalized investment advice or a recommendation to buy, sell, or hold any security.