IT sector stocks traded mixed today (June 2, 2026)

IT sector stocks traded mixed today (June 2, 2026) as investors booked profits after last week’s strong rally. The broader sentiment was cautious ahead of the RBI policy meeting and global tech cues. 💻 IT Sector Snapshot Index Close Change Trend Nifty IT 38,420 ▼ 0.42% Mild weakness Top Gainers Tech Mahindra (+1.1%), Coforge (+0.8%) Top Losers Infosys (‑0.9%), TCS (‑0.6%), LTIMindtree (‑0.5%) 📰 Key News & Updates $INFY Infosys: Announced partnership with AWS to accelerate GenAI adoption for enterprise clients; stock slipped slightly on profit‑taking. $TCS TCS: Signed a multi‑year deal with Deutsche Bank for digital transformation of its treasury operations. $TECHM Tech Mahindra: Launched AI‑powered network automation suite for telecom clients; analysts see margin improvement. Wipro: Increased stake in Aggne Global Inc to 40%; deal worth ₹271 crore. Coforge: Reported strong order inflow from BFSI clients in the US; stock gained on positive outlook. 🌍 Sector Drivers Global tech indices (NASDAQ, SOX) traded flat overnight. Rupee depreciation (₹96.2/USD) supports export‑oriented IT firms. Investors await RBI’s stance on liquidity and inflation, which could affect IT spending outlook. 📈 Analyst View Short‑term: Expect consolidation after last week’s 4% rally. Medium‑term: Positive bias on AI‑driven revenue growth and stable US demand. Top Picks: Coforge, Tech Mahindra, Persistent Systems for June 2026.