India's Infosys rises after strong 2026 view; lifts IT index

A logo of Infosys sits outside the company's house on the opening day of the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 20, 2025. REUTERS/Yves Herman

Jan 16 (Reuters) - Infosys rose ‌5% on Friday after unexpectedly raising its fiscal 2026 revenue ‌forecast, pointing to a possible turnaround for India's $283 billion IT ‌industry as AI-led partnerships drive deals.

Shares of India's No.2 software services exporter led gains on the Nifty 50 index with its strongest intraday rise in four months and ‍lifted the Nifty IT sub-index 2.2% higher.