Sensex, Nifty Rally: Infosys-led IT Surge Fuels Market Gains, Global Cues Positive

• Indian benchmark indices Sensex and Nifty closed higher, driven by strong buying in IT stocks.
• Infosys' better-than-expected Q3 FY26 results and raised revenue guidance boosted market sentiment, with its shares surging over 5%.
• The Nifty IT index was the top sectoral gainer, rising nearly 3%, as other IT majors like Wipro and Tech Mahindra also saw gains.
• Positive global market cues, declining crude oil prices, and hopes for an India-US trade deal further supported the rally.
• A decline in the India VIX (fear gauge) and buying in heavyweight bank shares also contributed to investor confidence.

Why It Matters: Infosys' strong earnings and positive global factors propelled Indian markets higher, especially the IT sector.