Infosys, TCS Surge 6% as Nifty IT Extends AI-Driven Rally

Shares of $INFY ys and $TCS jumped up to 6% each on Tuesday, powering the Nifty IT index higher even as the broader market showed weakness. The strong performance reflects renewed investor confidence in India’s IT sector amid a global rebound in technology stocks. Global IT companies are recovering from earlier fears that artificial intelligence would disrupt traditional business models. Instead, optimism is growing that the AI boom is driving stronger demand for cloud services, digital transformation, and IT consulting. Analysts believe major tech firms are ramping up spending on AI infrastructure, creating fresh opportunities for Indian players like Infosys and TCS. Both companies have been aggressively expanding their AI capabilities through partnerships and proprietary platforms. The Nifty IT index has now gained over 4% in the past week, outperforming the Nifty 50. Market experts expect this momentum to continue if global AI spending remains robust in the coming quarters.