Nifty IT Today: Index Surges 3.51% in Strong Closing Rally

Quick sector takeaways

• Nifty IT ended 3.51% higher at 31,281.70, gaining 1,060.55 points from its previous close of 30,221.15.
• The index traded between 30,473.50 and 31,322.90 during the session, finishing just 41.20 points below its day high.
• Breadth was decisively positive among the nine displayable stocks: all nine advanced, with no decliners or unchanged stocks.
• Coforge, LTIMindtree, Tata Consultancy Services and Tech Mahindra were among the prominent gainers. The next session will bring focus to whether the index and its leading stocks can retain their closing strength.

Nifty IT today: a strong end-of-session sector wrap

Nifty IT today delivered the strongest performance among the configured sector indices, closing the 28 August 2026 session at 31,281.70. The index added 1,060.55 points, or 3.51%, over the previous close of 30,221.15. The move placed IT clearly ahead of the other configured sectoral benchmarks in percentage terms.

The session began at 30,493.15, already above the previous close, and the index’s intraday low was 30,473.50. From there, it moved higher to touch 31,322.90 before ending near that peak. The closing position indicates that the sector retained a substantial part of its intraday advance through the end of the session.

This was not a narrowly confined move in the available stock set. Gains extended across all nine displayable Nifty IT stocks, ranging from 0.87% in L&T Technology Services to 5.93% in Coforge. That broad participation gives useful context to the index’s 3.51% rise.

Price snapshot

Nifty IT’s closing level of 31,281.70 compared with 30,221.15 at the previous close. The resulting point gain was 1,060.55. Its opening level was 30,493.15, while the day low of 30,473.50 was only slightly below the open. The index then reached a high of 31,322.90, creating an intraday range of 849.40 points.

The close was 41.20 points below the high, or roughly 0.13% lower than the session peak. This is an observation of the day’s price position rather than a forecast. For market participants tracking the sector, the sequence from a positive opening to a close near the high is the central price action feature of this closing-bell update.

Sector ranking

Nifty IT was the top gaining sector index among the configured indices on 28 August. Its 3.51% rise was well ahead of the next positive moves in Nifty Metal, up 0.75%, and Nifty Pharma, up 0.53%. Nifty Mid Select and Nifty Financial Services recorded smaller gains, while Nifty Bank, Nifty Auto and Nifty FMCG ended lower.

The ranking matters because it puts the IT index’s move in a wider sectoral context. A gain of more than three percentage points stood apart from the rest of the configured group, making technology the session’s clearest area of relative strength. Readers can follow the broader market context through Univest Market View.

Constituent breadth

Participation was uniformly positive across the nine displayable stocks in the index. There were nine advancers, zero decliners and zero unchanged stocks. This means every displayable stock row moved higher on the day, supporting the upward index outcome across the available basket.

The breadth picture was led by substantial gains in several names rather than a single isolated advance. Coforge rose 5.93%, LTIMindtree gained 4.73%, Tata Consultancy Services added 4.16% and Tech Mahindra moved up 3.53%. Infosys, HCL Technologies, Wipro, Mphasis and L&T Technology Services also ended in positive territory.

Heavyweights versus broader participation

The supplied heavyweight stock list also reflected positive price action. Coforge rose 5.93%, LTIMindtree gained 4.73%, Infosys advanced 2.99%, HCL Technologies added 2.66% and L&T Technology Services moved higher by 0.87%. The combination of gains across these listed names and the wider positive breadth reinforced the sector’s firm close.

The supplied active-stock list featured Coforge, HCL Technologies, Infosys, L&T Technology Services and LTIMindtree. Their gains ranged from 0.87% to 5.93%, with Coforge and LTIMindtree posting the largest percentage increases within that group. This aligns the closing strength with participation across several closely tracked IT shares.

Key Nifty IT stocks

Biggest positive movers

Coforge led the displayed gainers, rising ₹112.80 to ₹2,014.60, a 5.93% increase. Its intraday high was ₹2,016.50, leaving the stock close to the day’s top. LTIMindtree followed with a ₹211.00 gain, or 4.73%, to ₹4,675.00 after touching ₹4,700.00.

Tata Consultancy Services gained ₹93.60, or 4.16%, to ₹2,342.00. Tech Mahindra added ₹55.90, or 3.53%, to ₹1,640.90, while Infosys rose ₹33.20, or 2.99%, to ₹1,144.00. These price moves formed the upper end of the day’s displayed Nifty IT gains.

Stocks to watch next session

Market participants may track Coforge after its 5.93% advance and close near its intraday high. LTIMindtree, which finished at ₹4,675.00 after reaching ₹4,700.00, also remains in focus. Tata Consultancy Services closed at ₹2,342.00 following a 4.16% gain, while Tech Mahindra ended at ₹1,640.90, up 3.53%.

Infosys and HCL Technologies are additional stocks to watch after gains of 2.99% and 2.66%, respectively. Their next-session price action can help indicate whether the broad strength visible in Nifty IT today continues across the leading displayed names. These observations are intended for tracking market movement, not as buy or sell advice.

The constructive case

The constructive evidence is straightforward: Nifty IT was the top gaining configured sector index, rose 3.51%, and closed near its intraday high. Its opening level and day low were both above the prior close, and the index built further gains through the session.

Equally important, breadth was fully positive across the nine displayable stocks. The leading gains were not limited to one company, with Coforge, LTIMindtree, Tata Consultancy Services, Tech Mahindra, Infosys and HCL Technologies all recording meaningful advances. This combination of index strength and broad participation defined the day’s positive setup.

The cautious case

The index finished below its intraday high of 31,322.90, even though the gap was modest at 41.20 points. The next session will show whether the sector can maintain its position after a sharp one-day gain of 1,060.55 points. Individual stock moves varied materially, from 0.87% to 5.93%, so continued breadth will remain relevant.

Traders can watch how Nifty IT behaves around its closing level of 31,281.70 and whether the displayed gainers remain positive together. A close near the session high is a useful observation from this session, but subsequent price action will determine the next phase of the move.

Univest Insights

Nifty IT today stood out because its percentage gain was substantially higher than every other configured sector index. The 3.51% rise came with an end-of-session level close to the day high, placing the closing action at the centre of the sector narrative.

The available breadth data adds depth to the headline index move. Nine out of nine displayable stocks advanced, with no displayed decliners or unchanged names. That is a clear sign of widespread positive price movement within the tracked set during this session.

The strongest individual advances came from Coforge, LTIMindtree and Tata Consultancy Services, while Tech Mahindra and Infosys also posted notable gains. Meanwhile, HCL Technologies, Wipro, Mphasis and L&T Technology Services ensured that the advance extended beyond the top few performers.

For traders and investors, the key signal to watch is whether Nifty IT can sustain broad participation around its closing strength in the next session.

Published on 28 August 2026 at 4:15 PM IST

Frequently asked questions

How did Nifty IT close today?

Nifty IT closed at 31,281.70 on 28 August 2026, up 1,060.55 points or 3.51% from 30,221.15.

What was Nifty IT’s intraday high and low?

The index recorded a day high of 31,322.90 and a day low of 30,473.50.

Why was Nifty IT the top gaining sector index?

Its 3.51% gain was the highest percentage increase among the configured sector indices for the session.

How was Nifty IT breadth today?

All nine displayable stocks advanced, with zero decliners and zero unchanged stocks.

Which Nifty IT stocks gained the most?

Coforge gained 5.93%, followed by LTIMindtree at 4.73% and Tata Consultancy Services at 4.16%.

Which IT stocks should be tracked next session?

Coforge, LTIMindtree, Tata Consultancy Services, Tech Mahindra, Infosys and HCL Technologies are among the displayed stocks to track following their positive closes.