The Indian IT sector witnessed a notable upswing today, with major players Infosys, Wipro, TCS, and Tech Mahindra leading the charge in market capitalization gains. Here’s a breakdown of how much each tech giant added to its market cap:
Infosys
Stock Price: ₹1,943.65 (+2.65%)
Market Cap Gain: ₹21,960 crore
Infosys’ shares surged by 2.65%, pushing its total market capitalization to ₹8,07,032.02 crore. The stock opened at ₹1,889.55 and climbed to a high of ₹1,944.85, reflecting strong investor sentiment.
Wipro
Stock Price: ₹540.50 (+1.95%)
Market Cap Gain: ₹5,495 crore
Wipro added ₹5,495 crore to its market capitalization, which now stands at ₹2,82,756.24 crore. The stock opened at ₹528.05, touched a high of ₹541.95, and maintained positive momentum throughout the session.
Tata Consultancy Services (TCS)
Stock Price: ₹4,291.40 (+1.39%)
Market Cap Gain: ₹20,190 crore
TCS saw a 1.39% rise in its stock price, bringing its market capitalization to ₹15,53,190.70 crore. The stock traded between ₹4,225.00 and ₹4,298.00, further bolstering the IT sector’s rally.
Tech Mahindra
Stock Price: ₹1,646.45 (+2.64%)
Market Cap Gain: ₹4,258 crore
Tech Mahindra’s stock surged by 2.64%, leading to a market cap increase of ₹4,258 crore, now totaling ₹1,61,158.63 crore. The stock opened at ₹1,591.00 and reached a high of ₹1,646.80 during the session.
These gains reflect a renewed optimism in the IT sector, as investors seem confident in the future growth prospects of these leading tech companies.
Disclaimer: This information is for informational purposes only and should not be considered investment advice. Please consult a financial advisor before making any investment decisions.
