Infosys shares jump 2% fueling Sensex rise amid AI‑driven market optimism

Infosys (NSE: INFY) surged more than 2% intraday, trading at ₹1,075.30 after earlier lows. The rally was part of a broader uplift in Indian IT stocks, with peers such as TCS, HCL Tech and Tech Mahindra posting gains of up to 4% following TCS’s Q1 earnings.

The lift helped the benchmark Sensex climb 715 points to 77,443 and the Nifty gain 200 points to 24,158, despite heightened US‑Iran tensions. Market sentiment was further buoyed by a decline in Brent crude below $73 a barrel and strong performances in Asian equity markets, led by AI‑related chip makers.

Analysts noted that AI‑driven demand is reshaping the sector, citing generative‑AI collaborations such as Infosys’s partnership with AWS. While price‑target cuts have tempered optimism, institutional buying in major mutual‑fund schemes continued to support the stock.