{
  "id": 15875456,
  "title": "Nifty IT surges 2.2% as IT stocks buck market-wide selloff",
  "url": "https://urgent.news/2026/10/21/nifty-it-surges-2-2-as-it-stocks-buck-market-wide-selloff",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-21T10:17:08.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/nifty-it-surges-22-as-it-stocks-buck-market-wide-selloff/article71607004.ece"
  },
  "original_language": "en",
  "account": "India's IT index, Nifty IT, experienced a significant surge of 2.21% to 32,211.35 points on Wednesday, outshining the rest of the domestic market which was largely in turmoil. The index commenced trading at 31,910.25, reached a peak of 32,348.25 intraday, and maintained most of its gains throughout the day. A total of 690.75 lakh shares were traded, resulting in a total value of ₹7,113.96 crore. The index's market capitalization stood at ₹12.07 lakh crore.\n\nWipro led the charge with a 3.30% gain to ₹188.15, followed by Infosys up 2.88% at ₹1,163.30, and Mphasis rising 2.65% to ₹2,566.30. Persistent Systems added 2.41%, Tech Mahindra 2.36%, and TCS gained 1.97% to ₹2,509.50. OFSS was the only stock to decline, slipping 0.14%. Nine out of ten constituents advanced, while the broader market painted a contrasting picture.\n\nThe Nifty Midcap 100 fell by 1.7%, and the Nifty Smallcap 100 declined by 2.4%. Sectoral indices also traded in the red, with Nifty Auto being the worst performer. Despite Wednesday's sharp rally, Nifty IT remains down 15.62% year-to-date and off 8.76% over one year, with its 52-week range ranging from 25,699.10 to 40,301.40.",
  "summary": "Wipro rose 3.3% to ₹188.15, followed by Infosys up 2.88% to ₹1,163.30 and Mphasis up 2.65% to ₹2,566.30",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}