Share Market Surges: Sensex Gains Over 700 Points, Infosys Leads IT Rally

The Indian stock market opened strong on the last trading day of the week and continued its upward momentum throughout the session. The BSE Sensex surged by over 700 points, while the NSE Nifty50 traded near 25,850. Infosys shares led the rally with a nearly 5% jump, boosting the broader IT sector.

Market Snapshot
At 10:40 AM, the Sensex was trading at 84,091.54, up 708.83 points (0.85%), while the Nifty50 stood at 25,859.95, gaining 194.35 points (0.76%). IT stocks witnessed significant buying interest following better-than-expected quarterly results from Infosys, along with an upward revision of the company’s full-year earnings guidance.

Top Gainers
Among the 30 Sensex constituents, Infosys, Tech Mahindra, Mahindra & Mahindra, Kotak Mahindra Bank, and Power Grid showed the most notable gains. Infosys’s sharp rise of around 5% also lifted the IT sector index by nearly 2%. Analysts attribute Infosys’s strong performance to its deep client relationships and strategic partnerships in AI, positioning the company well to expand its market share.

Analyst Commentary
Dr. V.K. Vijaykumar, Chief Investment Strategist at Geojit Investments, noted that there are currently no major events likely to push the market sharply up or down. “The U.S. Supreme Court ruling on tariffs has been postponed, and with no set date, its immediate impact on the market is expected to be minimal. The primary driver in the near term will be the corporate earnings results for the third quarter,” he said.

The market’s strong finish to the week reflects investor confidence in corporate earnings and the resilience of India’s key sectors amid global uncertainties.