Infosys Ltd. recorded a significant block trade on the National Stock Exchange (NSE), highlighting substantial institutional trading activity in the IT major's shares. The transaction represents one of the notable block deals in the technology sector.

Block Trade Details

The block trade executed on NSE involved substantial volume and value, demonstrating significant investor interest in the company's shares.

Market Significance

Block trades represent large-volume transactions typically executed by institutional investors, mutual funds, or other significant market participants. These transactions are conducted outside the regular market mechanism to minimize impact on the stock's market price. The execution of such a substantial block trade indicates active institutional participation in Infosys shares.

The transaction involved over one million shares, representing a considerable volume that reflects the liquidity and investor interest in the IT services company. Block trades of this magnitude often signal strategic portfolio adjustments by large investors or institutional rebalancing activities.

Transaction Overview

The block trade was executed at ₹1,686.40 per share, representing the agreed price between the buyer and seller for this off-market transaction. Such trades are pre-negotiated between parties and executed as a single large transaction rather than multiple smaller orders in the regular market.

This block trade activity demonstrates the continued investor focus on India's leading IT services companies and reflects the ongoing institutional interest in the technology sector.

Indian equity markets sustained their upward momentum in afternoon trade on Friday, with both benchmark indices maintaining steady gains as IT stocks continued their rally following Infosys's upbeat revenue guidance. The sustained buying momentum reflects strong investor confidence despite ongoing foreign institutional selling pressure.

Current Market Performance

The afternoon session showed consistent gains across both major indices:

Both indices opened positively, with the Sensex starting at 83,670.79 against its previous close of 83,382.71, while the Nifty opened at 25,696.05 compared to its previous close of 25,665.60.

IT Stocks Drive Market Gains

IT stocks continued to lead the market rally, building on morning session momentum after Infosys raised its revenue guidance:

Infosys emerged as the top performer on the Nifty 50, extending its gains from the morning session when the company's decision to raise its FY26 revenue guidance from 2%-3% to 3%-3.5% boosted sector sentiment.

Mixed Performance Across Stocks

While IT stocks dominated the gainers, some sectors showed weakness:

Maruti Suzuki also declined 1.63% to ₹15,889.00, reflecting mixed sentiment across different sectors.

Sectoral and Broader Market Trends

Sectoral performance showed positive momentum in key indices:

Market breadth remained positive with 2,066 stocks advancing against 1,958 declines on the BSE, where 4,241 stocks were traded. A total of 75 stocks hit 52-week highs, while 190 touched 52-week lows.

Institutional Activity and Market Dynamics

Despite the positive market performance, foreign institutional investors continued their selling pressure:

The sustained buying by domestic institutional investors helped offset foreign selling pressure, contributing to the market's resilience and continued upward momentum in the afternoon session.