{"id":284006,"date":"2026-10-01T13:45:49","date_gmt":"2026-10-01T08:15:49","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=284006"},"modified":"2026-10-01T13:45:49","modified_gmt":"2026-10-01T08:15:49","slug":"nifty-it-index-today-weak-rupee-q2-results","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nifty-it-index-today-weak-rupee-q2-results\/","title":{"rendered":"Nifty IT Index Jumps Over 2% on a Weak Rupee as Mphasis, Coforge and Infosys Lead IT Stocks Before Q2 FY27 Results"},"content":{"rendered":"

Nifty IT up 2.1% on 1 Oct. Mphasis +4.44%, Coforge +3.85%, Infosys +2.42%, TCS +1.70%. Nifty 50 near 22,568. TCS Q2 results on 8 Oct.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Nifty IT index rose about 2.1% on 1 October and was the top sectoral gainer, even as the Nifty 50 and Sensex slipped. Mphasis gained 4.44%, Coforge 3.85% and Infosys 2.42%, helped by a weak rupee and positioning before results. Brokerages expect a muted quarter for large companies, with constant-currency growth of negative 0.5% to 3% quarter on quarter, while mid-caps could grow up to 12%. TCS opens the Q2 FY27 earnings season on 8 October.<\/p>\n<\/p><\/div>\n

The Nifty IT index today is the one bright spot in a falling market. While the Nifty 50<\/a> traded near 22,568 and the Sensex<\/a> near 72,480 in the morning, nine of the ten stocks on the Nifty IT<\/a> index traded higher, led by Mphasis, Coforge and Infosys. The move comes days before TCS reports Q2 FY27 results on 8 October, and after the index fell for eight straight sessions through 29 September.<\/p>\n

If you are searching for why IT stocks are rising today, this article explains the Nifty IT index move, the rupee link, what Kotak Institutional Equities and Motilal Oswal expect from Q2 FY27 results on constant-currency growth, mid-cap names and margins, and the risks from AI and soft demand. Price data is based on NSE and BSE figures, so recheck it before acting.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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