Nifty IT Today Gains 0.98%: Closing Bell Sector Wrap

Updated: 1 Sept 2026 • 4:16 pm

Posted by:

Nifty IT Today Gains 0.98%: Closing Bell Sector Wrap

Quick sector takeaways

Nifty IT ended 305.25 points higher, up 0.98%, at 31,496.70 on 1 September 2026.
The index closed above its previous close of 31,191.45 after moving between 30,834.10 and 31,529.20 during the session.
Breadth was positive among the nine display-safe stocks: six advanced and three declined, producing an advance-decline ratio of 2:1.
Mphasis, HCL Technologies, Infosys and LTIMindtree led the gains, while Wipro, Tata Consultancy Services and L&T Technology Services finished lower. Watch whether the positive breadth remains intact next session.

Nifty IT today: end-of-session sector wrap

Nifty IT today emerged as the top gaining sector index among the configured sector indices, rising 0.98% by the close. The index settled at 31,496.70, a gain of 305.25 points from the previous close of 31,191.45. The close placed the technology index near the upper end of its intraday range, signalling that the sector retained much of its session strength into the end of trade.

The move was not uniform across every stock in the index. However, gains in six of the nine display-safe stocks outweighed declines in three names. The session therefore showed positive participation alongside selective weakness, rather than an across-the-board rise. Investors tracking the sector can use the close, the day’s range and stock-level dispersion as a factual starting point for the next session.

Price snapshot

Nifty IT opened at 31,006.25 and initially traded below the previous close. It later covered ground to reach an intraday high of 31,529.20, before ending at 31,496.70. This was only 32.50 points below the day’s high. The intraday low was 30,834.10, making the total trading range 695.10 points.

Measure	Level	Session reading
Previous close	31,191.45	Reference level for the day
Open	31,006.25	Below the previous close
Day low	30,834.10	Lowest level of the session
Day high	31,529.20	Highest level of the session
Close/LTP	31,496.70	Up 305.25 points, or 0.98%

The index’s finish near its intraday high is an observation from the day’s price range. For the next session, market participants can track whether Nifty IT sustains trade around its closing zone or revisits lower levels from the session range.

Sector ranking

Nifty IT ranked first among the configured sector indices on 1 September 2026, with its 0.98% increase placing it ahead of Nifty FMCG, which gained 0.94%. The remaining listed sector indices in the comparison were lower or broadly flat. This made IT the session’s leading gaining sector index in the configured universe.

The ranking is important because it puts the 0.98% move in a sector context. It indicates relative outperformance for Nifty IT on the day, while the stock-level picture shows that the advance was supported by more rising names than falling names.

Constituent breadth

Among nine display-safe Nifty IT stocks, six advanced and three declined, with no unchanged stocks. The 2:1 advance-decline ratio points to positive breadth for the session. Positive breadth matters because it shows that the index’s rise coincided with gains across a majority of the available named stocks.

At the same time, the three declines show that participation was selective. Wipro fell 1.52%, Tata Consultancy Services declined 1.26%, and L&T Technology Services slipped 0.57%. These moves coexisted with stronger gains elsewhere in the sector.

Heavyweights versus broader participation

The supplied heavyweight stock list reflected a mixed but positive picture. HCL Technologies rose 2.99% to ₹1,351.40, while Infosys gained 1.96% to ₹1,156.00 and LTIMindtree added 1.87% to ₹4,625.00. Coforge edged up 0.18%, whereas L&T Technology Services declined 0.57%.

The supplied most-active stock list included Coforge, HCL Technologies, Infosys, L&T Technology Services and LTIMindtree. Within that group, three stocks posted gains of more than 1%, while one was marginally higher and one was lower. This combination aligns with the broader positive breadth, while retaining a clear degree of stock-specific variation.

Key Nifty IT stocks

Stock	Move	Why it matters
Mphasis	+3.22% to ₹2,505.50	Largest percentage gainer among the named stocks.
HCL Technologies	+2.99% to ₹1,351.40	Strong gain within the supplied heavyweight list.
Infosys	+1.96% to ₹1,156.00	Closed at its day high of ₹1,156.00.
LTIMindtree	+1.87% to ₹4,625.00	Contributed to the advancing side of sector breadth.
Wipro	-1.52% to ₹181.70	Largest percentage decline among the named stocks.
Tata Consultancy Services	-1.26% to ₹2,369.00	Finished lower despite the index’s positive close.

Biggest positive movers

Mphasis led the positive movers with a 3.22% rise to ₹2,505.50, after trading between ₹2,407.10 and ₹2,523.00. HCL Technologies followed with a 2.99% gain to ₹1,351.40. Infosys advanced 1.96% to ₹1,156.00, its day high, while LTIMindtree climbed 1.87% to ₹4,625.00. Tech Mahindra added 0.61% to ₹1,638.00.

These gains provided the positive side of the day’s sector participation. Mphasis and HCL Technologies were the two largest percentage gainers, while Infosys and LTIMindtree also recorded notable advances.

Biggest negative movers

Wipro was the largest percentage decliner, falling 1.52% to ₹181.70. Tata Consultancy Services lost 1.26% to ₹2,369.00, and L&T Technology Services eased 0.57% to ₹3,587.80. The declines highlight that Nifty IT’s gain was achieved despite weakness in three named stocks.

Tata Consultancy Services traded between ₹2,325.00 and ₹2,372.00, while L&T Technology Services moved between ₹3,542.00 and ₹3,630.00. These intraday ranges describe the session’s price action and should be viewed alongside each stock’s closing move.

Stocks to watch next session

Mphasis: Watch whether it holds near its ₹2,505.50 close after leading the sector’s percentage gainers.
HCL Technologies: Track follow-through after its 2.99% rise to ₹1,351.40.
Infosys: It closed at the day high of ₹1,156.00, making its next-session price action relevant.
LTIMindtree: Watch its movement after closing at ₹4,625.00 following a 1.87% gain.
Wipro: Monitor whether it extends or reverses after a 1.52% decline.
Tata Consultancy Services: Its performance remains relevant after ending 1.26% lower at ₹2,369.00.

The constructive case

The constructive evidence from the session is clear: Nifty IT rose 0.98%, finished 305.25 points above the previous close, and ended close to the day’s high. Breadth was favourable, with six gainers against three decliners among the named stocks. Mphasis, HCL Technologies, Infosys and LTIMindtree each gained more than 1.8%.

The index also ranked as the top gaining sector index in the configured sector comparison. For readers following sector rotation, that relative standing and the positive 2:1 advance-decline ratio are the central facts from the closing bell.

The cautious case

The day’s strength was not universal. Wipro, Tata Consultancy Services and L&T Technology Services closed lower, showing that sector-level gains did not extend to every named stock. The index also opened below the previous close and visited 30,834.10 before recovering, underlining the presence of intraday movement.

Accordingly, the next session should be assessed through both the index level and stock participation. A continued positive index move accompanied by broad gains would differ from a move driven by a narrower set of stocks.

Univest Insights

At the closing bell, nifty it today stood out for relative sector strength, closing at 31,496.70 after a 0.98% gain. The index recovered from its intraday low and finished close to its high, providing a firm end-of-session reading.

The internal composition was constructive but mixed. Mphasis led with a 3.22% increase, followed by HCL Technologies, Infosys and LTIMindtree. Meanwhile, declines in Wipro, Tata Consultancy Services and L&T Technology Services kept the session from being fully uniform.

The 6:3 breadth split is useful because it connects the headline index move with a majority of advancing named stocks. Readers can explore the broader market context through Univest Market View and follow the sector through the Nifty IT screener.

For traders and investors, the key signal to watch is…

Published on 1 September 2026 at 4:15 PM IST

Frequently asked questions

What was Nifty IT today?

Nifty IT closed at 31,496.70 on 1 September 2026, up 305.25 points or 0.98% from its previous close of 31,191.45.

Why was Nifty IT the top gaining sector index?

Its 0.98% increase was the highest gain among the configured sector indices for the session.

What were the Nifty IT day high and day low?

The index recorded a day high of 31,529.20 and a day low of 30,834.10.

How was Nifty IT breadth at the close?

Among nine display-safe stocks, six advanced and three declined, with no unchanged stocks.

Which stocks gained the most in Nifty IT?

Mphasis gained 3.22%, HCL Technologies rose 2.99%, Infosys added 1.96%, and LTIMindtree increased 1.87%.

Which Nifty IT stocks declined?

Wipro fell 1.52%, Tata Consultancy Services declined 1.26%, and L&T Technology Services slipped 0.57%.

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.