Nifty IT Today Rises 1.94% to 31,710 in Early Trade

Opening Bell update, 7 August 2026:Nifty IT emerged as the top gaining sector index in the early session, rising 604.10 points, or 1.94%, to 31,710.30 at 10:00:00 AM IST. For investors tracking nifty it today, the move was supported by broad-based gains across the available stock universe.

Quick sector takeaways

• Nifty IT traded at 31,710.30, up 1.94% or 604.10 points from its previous close of 31,106.20.
• The index moved between 31,047.45 and 31,799.15 during the early session, leaving it 88.85 points below the day high at the latest update.
• All nine display-safe stocks were advancing, with no decliners or unchanged stocks in the available breadth reading.
• LTIMindtree Ltd., Tata Consultancy Services Ltd. and Mphasis Ltd. led the percentage gains. Watch whether the index remains close to its intraday high as trading progresses.

Nifty IT today: early-session strength

Nifty IT today opened at 31,067.05 and quickly moved higher. At 31,710.30, the index was above both its opening level and the previous close, indicating a firm start for the technology pack. The gain of 604.10 points is the actual movement from the previous close of 31,106.20, rather than a comparison with the day’s opening level.

The early-session range was wide at 751.70 points, from 31,047.45 to 31,799.15. The index’s latest level placed it nearer the top of that range than the bottom, an observation that aligns with the positive opening tone. As this is an Opening Bell update, subsequent price action may change the intraday picture.

Price snapshot

The difference between the latest level and the day high was modest relative to the day’s range. At the same time, the index was 662.85 points above its day low, underlining the scale of the upward move recorded by 10:00:00 AM IST.

Sector ranking

Nifty IT was the top gaining sector index among the configured indices at the latest update, with its 1.94% advance exceeding Nifty Auto’s 1.14%, Nifty Mid Select’s 0.55% and Nifty FMCG’s 0.45% gains. The ranking highlights that IT was the strongest positive pocket in this tracked sector set during the opening phase.

The comparison is based on percentage movement from each index’s previous close. It does not describe the wider market beyond the configured indices, but it clearly places Nifty IT at the top of the available sector leaderboard at this point in the session.

Constituent breadth

Participation was notably positive in the available Nifty IT stock reading. All nine display-safe stocks were advancers, while decliners and unchanged stocks stood at zero. This means the index rise was accompanied by gains across every stock included in the available breadth count, rather than being limited to only a small group of names.

The breadth profile also complements the index’s position near its intraday high. LTIMindtree rose 3.09%, Tata Consultancy Services gained 3.06%, and Mphasis advanced 2.97%. Meanwhile, even the smallest displayed gain was positive, with Wipro up 0.95%.

Heavyweights versus broader participation

The supplied heavyweight group was also positive. Coforge gained 1.77%, HCL Technologies rose 2.07%, Infosys added 1.20%, L&T Technology Services climbed 2.62%, and LTIMindtree increased 3.09%. That alignment between the heavyweight group and the broader nine-stock breadth reading reinforced the sector’s early strength.

Names appearing in the supplied most-active group were Coforge, HCL Technologies, Infosys, L&T Technology Services and LTIMindtree. Each was trading higher at the latest update, with L&T Technology Services and LTIMindtree recording gains above 2.5%.

Key Nifty IT stocks

Biggest positive movers

LTIMindtree was the leading gainer, up ₹140.00 to ₹4,668.00. Tata Consultancy Services followed with a ₹72.60 increase to ₹2,445.60, while Mphasis rose ₹71.90 to ₹2,493.80. L&T Technology Services gained ₹93.10 and HCL Technologies added ₹27.60. These gains show that the opening advance extended across large moves in several supplied sector stocks.

Stocks to watch next session

• LTIMindtree Ltd. after its 3.09% rise and day high of ₹4,676.80.
• Tata Consultancy Services Ltd., which traded at ₹2,445.60 against a day high of ₹2,450.00.
• Mphasis Ltd., up 2.97% and near its intraday high.
• L&T Technology Services Ltd., up 2.62% at ₹3,648.50.
• HCL Technologies Ltd., which gained 2.07% to ₹1,362.60.

The constructive case

The constructive evidence is visible in the price and breadth data. Nifty IT was the strongest gaining sector index in the configured set, was up 1.94% from the previous close, and had nine advancing display-safe stocks against no decliners. The largest displayed movers were all higher by more than 2%, while the supplied heavyweight group was uniformly positive.

The index also held close to its day high at the latest reading. Together, the upward index move, positive stock-level participation and gains across the named heavyweight group describe a constructive early-session setup.

The cautious case

The latest index level of 31,710.30 remained below the intraday high of 31,799.15, so the session had not yet established its final trading range. The index also opened at 31,067.05 and recorded a low of 31,047.45 before moving higher, illustrating that intraday levels can shift quickly in the opening phase.

For a continuing assessment, the relevant observable markers are whether Nifty IT sustains above its previous close of 31,106.20 and how it trades relative to the day high of 31,799.15. These are price observations, not forecasts.

Univest Insights

The defining feature of this opening update is breadth. A 1.94% index gain accompanied by nine advances and no declines in the available stock reading points to a widely shared positive move within the tracked Nifty IT names.

Leadership was spread among LTIMindtree, Tata Consultancy Services, Mphasis, L&T Technology Services and HCL Technologies. This matters because the higher index level was matched by advances in several prominent supplied names rather than one isolated percentage move.

The index’s 31,047.45-31,799.15 range provides the immediate session context. At 31,710.30, Nifty IT had recovered strongly from the low and was trading just under the high by 10:00:00 AM IST.

Follow Univest Market View for the broader market dashboard. For traders and investors, the key signal to watch is whether nifty it today can sustain its broad-based advance while remaining close to the intraday high.

Published on 7 August 2026 at 10:00 AM IST

Frequently asked questions

What is Nifty IT today?

Nifty IT was at 31,710.30 at 10:00:00 AM IST on 7 August 2026, up 604.10 points or 1.94% from the previous close.

Why is Nifty IT the top gaining sector index today?

Its 1.94% rise was the highest gain among the configured sector indices at the latest update.

What was the Nifty IT day high and day low?

The day high was 31,799.15 and the day low was 31,047.45.

How was Nifty IT breadth in early trade?

All nine display-safe stocks were advancing, with zero decliners and zero unchanged stocks in the available breadth data.

Which stocks led Nifty IT gains?

LTIMindtree, Tata Consultancy Services and Mphasis were the top three percentage gainers, rising 3.09%, 3.06% and 2.97%, respectively.

What should investors watch in Nifty IT next?

Watch the index’s movement relative to its previous close of 31,106.20 and its day high of 31,799.15, along with breadth across the named IT stocks.