The Nifty IT index climbed 612.90 points, or 2.21 per cent, to 28,329.80 during the session.
The index had a previous close of 27,716.90 and rose to an intraday high of 28,358.85 during Monday’s trading session.
The index gained 641.95 points from the previous closing level to the day’s high.
The sectoral index, however, remained significantly below its 52-week high level of 40,301.40.
Based on current levels, the Nifty IT index is down around 11,971.60 points, or nearly 29.70 per cent, from its 52-week high.
The index had touched a 52-week low of 27,078 earlier.
The broader market traded weakly during the session.
The Nifty 50 declined 69.75 points, or 0.30 per cent, to 23,573.75.
During intraday trade, the benchmark index slipped to a low of 23,317.10.
Based on the previous closing level of around 23,643.50, the Nifty 50 fell about 326.40 points, or nearly 1.38 per cent, from the previous close to the day’s low.
The 30-share index had a previous close of 75,237.99 and slipped to an intraday low of 74,180.26.
This marked a decline of about 1,057.73 points, or nearly 1.41 per cent, from the previous close to the day’s low.
For markets and businesses, the practical impact depends on final numbers, regulatory filings, company disclosures and broader investor sentiment once the trading day or reporting cycle is complete.
