IT stocks traded mostly higher on June 24, 2026, with the sector outperforming the broader market in early morning trade. The S&P BSE IT index rose 0.84% to 26,631.36 around 10:05–10:09 AM, compared with a 0.43% rise in the Sensex and a 0.36% gain in the Nifty 50.
Ramco Systems emerged as the standout gainer, surging 11.07% on BSE to ₹622.55 and 11.15% on NSE to ₹624.10. Oracle Financial followed with a 3.94% rise on BSE to ₹10,250.00, while Tech Mahindra climbed 2.95% on BSE and 2.68% on NSE. Infosys also recovered, advancing 1.26% on BSE and 1.23% on NSE after recent weakness.
Other notable gainers included Black Box, D-Link (India), LTIMindtree, Coforge, Cyient, Mphasis, Birlasoft and TCS. Mid-tier IT and software names such as Tanla Platforms, Zensar Technologies, eClerx Services, Aurionpro Solutions, R System International and Persistent Systems also posted modest gains, reflecting broad-based buying across the sector.
On the losing side, Nucleus Software led declines, falling 2.51% on BSE and 3.15% on NSE. Sasken Technologies and Cigniti Technologies also remained under pressure. Wipro slipped over 1% on both exchanges, extending its muted trend. Other laggards included Hinduja Global, Firstsource Solutions, IndiaMart Intermesh, Brightcom Group, Nelco, L&T Technology Services, Nazara Technologies, Route Mobile, Mastek, Tata Elxsi, Datamatics Global, Sonata Software and HCL Technologies, though most of these losses were limited.
Overall, the session showed a clear preference for IT counters, especially select midcap and large-cap names. The strength in Ramco Systems and Oracle Financial provided the strongest momentum, while Infosys, TCS and Tech Mahindra helped keep frontline IT sentiment firm.
The early trade suggests investors are again showing interest in technology stocks after a period of mixed performance. For now, the sector appears to be benefiting from selective buying even as a few names continue to face pressure.
