Top IT Stocks: The country’s IT industry, which gives recognition to the country at the global level and gives impetus to growth, has been facing turmoil for the last two years. This year, the quarterly results of many IT companies were also not as per expectations. These include companies like TCS, Infosys and HCL Technologies.

However, it is a matter of relief that in the first quarter of the business year 2026, there was no decline in their performance, but remained stable. Experts believe that the revenue and margin of almost half of the major companies have exceeded the expectations.

These two shares are in focus

Meanwhile, the two stocks that are being focused on are HCL Tech and Coforge. Experts say that in the coming time the IT sector may reach its lowest level. The biggest challenge in this is AI (Artificial Intelligence). On top of that, orders from outside countries have also reduced. In such a situation, this sector is continuously facing challenges.

HCL Technologies

Brokerage firm Motilal Oswal Financial Services has kept a target price of Rs 1800 for this share. In early trade on Thursday, November 6, shares of HCL Technologies were trading at Rs 1527.10 per share, which shows a decline of Rs 2 or 0.13 percent. In the July-September quarter, the company’s revenue was 2.4 percent more than the previous quarter, which was better than expectations. EBITA margin was also recorded at 17.4 percent. The company also has many projects, due to which its value has increased by 16 percent year-on-year.

Coforge

Motilal Oswal has kept the target price of Coforge at Rs 2,400. In early trade on November 6, shares of Coforge were trading at Rs 1,767.60, up Rs 0.60 or 0.034 per cent. The company has seen a 5.9 percent quarter-on-quarter increase in revenue and 18 percent increase in net profit in the second quarter of financial year 2026. During this period, the EBITA margin of the company was recorded at 14 percent. Its order book for the next 12 months is 1.6 billion.

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In June 2025, technology sector companies have shown tremendous boom in the Indian stock market. In Tuesday’s trading, the Nifty IT index was about 2 per cent up and was seen doing business close to the highest level of the day.

Each IT stock was in green mark. The most bouncing was seen in Coforge, after which companies like Persistent Systems, Tech Mahindra, and Oracle Financial Services also shone.

How much bounce in which stock?

Coforge: 5.6 percent jump, stock reached Rs 1,895.

Persistent Systems: 3.2 percent rose, stock reached up to Rs 5,980.

Tech Mahindra: 2.5 percent gained, stock reached Rs 1,619.

Nifty IT performance in 2025

The last 5 trading sessions rose by 4.7 percent.

In the last one year, the index gained 11.65 percent.

However since the beginning of 2025, so far, due to Trump Tariff and weak dollar
The index is about 10 percent.

Three big reasons for speed

1. Stir again in America-China trade talk

The trade talk between the US and China in London has started again. Efforts are being made to reduce the tariff tension between the two countries for months. Recently, Trump and Xi Jinping’s phone conversation has raised expectations. Also, a 90-day tariff-signing deal in Geneva gave a positive signal in the market.

2. US economy and dollar stability

Investors have been relieved by improving American job data and dollar stability amid uncertainty over the FY26 deal pipeline. The purchase of FIIS (Foreign Institutional Investors) is also contributing to this.

3. FII’s grip strong

According to the report of JM Financial, the five sectors in India in India include IT sector. The IT sector has 8.2 percent FII holding. In May, the selling in the IT sector was low, compared to April, FII maintained its stake.

Market eye on tech stocks

Global positive signals, talks between the US-China and the stable interest of foreign investors have strengthened tech stocks. If there is more relief about Trump tariff and the dollar remains stable, then the IT sector can see further fast in the coming days.

Disclaimer: (Information provided here is being given only for information. It is necessary to tell here that the investment market is subject to risks. Always consult expert before investing as an investor. Never is advised to invest money from Abplive.com.

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