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Nifty IT rallies as Coforge surges 10%; TCS, Mphasis gain
short by / on Tuesday, 28 July, 2026
The Nifty IT index rallied as all 10 constituents ended higher, led by Coforge, which surged over 10% after strong Q1 FY27 results and a robust order book. TCS and Mphasis also advanced on positive business outlooks. Improved earnings visibility and limited exposure to AI infrastructure spending supported investor sentiment across the sector.