Indian shares bounced back sharply on Friday, led by a surprise earnings update from Infosys that lifted the whole market.
Market rally in numbers
The BSE Sensex surged up to 752 points, reaching an intraday high of 84,134.97. The NSE Nifty 50 climbed about 0.8% to 25,873.50. The rise was evident from the opening bell, with the Sensex opening at 83,660 and the Nifty at 25,731.
Infosys raises FY2026 outlook
Infosys, India’s second‑largest software exporter, lifted its full‑year revenue growth guidance to **3%‑3.5%** from the earlier **2%‑3%** range. The company said demand for discretionary technology remains steady, its financial‑services business is picking up, and new AI partnerships could win market share.
IT stocks rally
- Infosys shares jumped about 5%, the biggest intraday rise in four months.
- The Nifty IT index rose roughly 3% as all ten IT stocks in the index moved higher.
- Wipro added about 3% ahead of its own earnings release later in the day.
What this means for investors
The strong guidance from Infosys revived confidence in the technology sector, pulling the broader market up. Retail investors watching the IT space may see continued upside if the earnings momentum holds.
Disclaimer
Remember, this is just analysis, not a prediction. Do your own research before making any investment decisions.