TSX:2311 6 February 2026

July 2, 2026, 1:47 AM EDT. Nifty IT rallied 3.8% on July 2, snapping four sessions of losses. Infosys jumped 5.1%, HCLTech climbed 4%, and Tata Consultancy Services (TCS) rose 3.2% as the sector led gainers on the NSE. The bounce came as tech shares struggled in the U.S. and global peers dipped. Mid-cap IT names like Tata Technologies and Coforge also moved higher. Abhishek Pathak at Motilal Oswal said he stays constructive on the group citing steady AI demand, but warned about slower discretionary spend and valuations if growth slips.