Nifty IT becomes rocket! 3% up; Check TCS, Infosys, Wipro, Mphasis, HCL, Oracle, Tech Mahindra, Coforge performance

What happened: Nifty IT rose over 3% in morning trade on Friday, 9 October, after TCS reported better-than-expected Q2FY27 results. TCS led gains, up nearly 6%, with Infosys, Wipro, HCL, Tech Mahindra, Mphasis, Oracle, Coforge and LTM also rising. Key numbers: Nifty IT up over 3%; TCS up nearly 6%; TCS Q2 revenue ₹73,188 crore, up 11.20% YoY; net profit ₹13,884 crore, up Why it matters: TCS results lifted the whole sector, but Motilal Oswal expects soft demand into Q2FY27 and no QoQ growth acceleration, with large-cap CC growth of -0.5% to 3.0%. Axis sees moderate growth and mixed margins.

Nifty IT jumps 3% with TCS, Infosys, Wipro, HCL, Tech Mahindra leading gains.

Nifty IT jumps 3% with TCS, Infosys, Wipro, HCL, Tech Mahindra leading gains. — impact context not separately stored; see What changed.