Nifty IT rose 4.64% on Thursday after four consecutive loss sessions, driven by gains in global enterprise software shares following remarks by Palantir CEO Alex Karp. He called token-based pricing of AI labs like OpenAI, Anthropic "wealth tax" that drains enterprise funds without generating durable business outcomes. Palantir rose 7.7%, Salesforce 4%, Accenture 5.4% and ServiceNow 6.5%.