IT Shares Rise Today: TCS, Infosys, HCL Tech, Wipro, Tech Mahindra Gain Up to 3% as Nifty IT Climbs, HCLTech EBIT Margin 18.2%, Guidance Narrowed and Is It Time to Buy?

IT shares rise today: TCS, Infosys, HCL Tech, Wipro and Tech Mahindra up, Nifty IT +1.7% at the open and +2.62% at 9:30 am. HCLTech +4.9% to Rs 1,282.70; EBIT margin 18.2% (17.4% a year earlier); FY27 guidance narrowed to 2.5% to 4% constant currency from 1% to 4%.

Updated: 13 Oct 2026 • 10:39 am

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IT Shares Rise Today: TCS, Infosys, HCL Tech, Wipro, Tech Mahindra Gain Up to 3% as Nifty IT Climbs, HCLTech EBIT Margin 18.2%, Guidance Narrowed and Is It Time to Buy?

Quick Answer

IT shares rise today because HCLTech's Q2 FY27 results showed a better margin, with EBIT margin up to 18.2% from 17.4% and net profit up 21.2% to Rs 5,132 crore, and the result lifted TCS, Infosys, Wipro and Tech Mahindra along with the Nifty IT index. The Nifty IT index rose 1.7% at the open and 2.62% by 9:30 am, while HCLTech rose about 4.9% to Rs 1,282.70 and some IT shares were up to 6% by 10:10 am. HCLTech narrowed its FY27 revenue growth guidance to 2.5% to 4% in constant currency from 1% to 4%, which raises the floor but still points to slow growth. Whether it is time to buy depends on valuation and your horizon, since brokers are split between positive, neutral and cautious views.

IT shares rise today in a market that is otherwise cautious, and the move has made IT the best sector on the board. The headline question is simple: is it time to buy TCS, Infosys, HCL Tech, Wipro or Tech Mahindra?

This guide covers why IT shares rise today, the stock-by-stock moves, the HCLTech margin and guidance details, what brokers say, and a framework for deciding.

Gains differ by report and time of day. The headline says up to 3%, one summary says up to 5% and a later update says up to 6%, so use the numbers as a range.

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Table of Contents

IT Shares Rise Today: Stock-by-Stock Moves

Stock or index	Move	Note
Nifty IT	Up 1.7% at the open; up 2.62% at 29,093.30 at 9:30 am	All 10 constituents higher at 9:30 am
HCLTech	Up about 4.9% to Rs 1,282.70	Top gainer after Q2 FY27 results
TCS	Up 1% to 4%	Q2 FY27 results came in broadly in line last week
Infosys	Up 1% to 4%	Among the top Sensex gainers
Tech Mahindra	Up 1% to 4%	Among the top Sensex gainers
Wipro	Up in the headline's range	Exact move not in the reports I read

IT shares rise today across the board, which suggests a sector reaction to the HCLTech numbers and not a stock-specific move.

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Why IT Shares Rise Today: HCLTech Details

Measure	Q2 FY27	Comparison
Net profit	Rs 5,132 crore	Up 21.18% year on year, helped by higher margins and lower tax
Revenue	Rs 35,620 crore	Up 11.5% year on year
EBIT margin	18.2%	17.4% a year earlier
FY27 revenue guidance	2.5% to 4% constant currency	Narrowed from 1% to 4%
Dividend	Rs 12 per share	Record date 16 October

The margin gain and the narrower guidance range are the two points that help explain why IT shares rise today. Part of the 11.5% revenue growth came from currency, so constant currency guidance is the cleaner guide to growth.

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What Brokers Say as IT Shares Rise Today

Broker	View	Reason
Nomura	Positive	Raised earnings estimates
HSBC	Neutral	Balanced on growth and valuation
CLSA	Neutral	Balanced on growth and valuation
JPMorgan	Cautious	Growth and valuation concerns
Citi	Cautious	Growth and valuation concerns
Kotak Securities	Mixed	Margin surprise, but weak products business

Analysts cite resilient services growth, strong margins, AI revenue momentum and a recovery in deal bookings as positives, and slowing organic growth, weakness in software and premium valuations as concerns.

Is It Time to Buy as IT Shares Rise Today?

Question	What to check	Why it matters
Is growth improving?	Constant currency growth against 2.5% to 4% guidance	Slow growth limits upside
Are margins holding?	EBIT margin near 18%	Margins drove the profit beat
Is the price fair?	Price to earnings against history and peers	Brokers flag premium valuations
What about the rupee?	A stronger rupee trims rupee earnings for dollar earners (my reading)	Currency moves can swing results
What is next?	Infosys and Wipro quarterly results	Peers can confirm or break the trend

Many investors buy after a one-day sector rally and regret it. Checking valuation and the next results helps decide if IT shares rise today for a lasting reason.

Risks as IT Shares Rise Today

One-day reaction: When IT shares rise today on results day, the gain can fade.

Slow growth: Guidance of 2.5% to 4% is modest.

Valuation: Premium multiples leave little room for a miss.

Software weakness: HCLSoftware revenue fell year on year.

Rupee: A stronger rupee can trim earnings.

What to Watch Next After IT Shares Rise Today

Whether IT shares hold their gains into the close.
Infosys and Wipro results.
Deal wins and AI revenue commentary.
The rupee against the dollar.
Broker target changes on HCLTech.

Conclusion

IT shares rise today after HCLTech's better margin and narrower guidance, with TCS, Infosys, Wipro and Tech Mahindra following, but modest growth and rich valuations argue for care. Check valuation and wait for peer results before adding. Consult a SEBI-registered advisor before making any decision.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).