Infosys Ltd Hits Intraday High with 3.31% Surge on 3 February 2026

Intraday Price Movement and Volatility

Infosys opened the day with a notable gap up, rising 4.54% at the start of trading, signalling strong buying interest from the outset. Throughout the session, the stock exhibited high volatility, with an intraday volatility measure of 348.61%, calculated from the weighted average price. This level of price fluctuation underscores active trading and dynamic market participation in the stock.

Despite the broader market’s mixed signals, Infosys maintained its upward trajectory, touching the day’s peak at Rs 1,727.85 before settling with a day change of 3.31%. This intraday high represents a significant move relative to its recent trading range and highlights the stock’s resilience in a fluctuating environment.

Comparison with Sector and Market Benchmarks

The IT - Software sector, to which Infosys belongs, recorded a gain of 2.07% on the day, indicating a positive sectoral trend. However, Infosys slightly underperformed the sector by 0.61% in terms of day-to-day price change, reflecting a nuanced market response despite its strong intraday surge.

In contrast, the broader Sensex index experienced a volatile session, initially opening 3,656.74 points higher but subsequently retreating by 1,414.56 points to trade at 83,908.64, down 2.75% on the day. The Sensex remains 2.68% below its 52-week high of 86,159.02, with the index trading below its 50-day moving average, although the 50DMA remains above the 200DMA, signalling mixed technical conditions.

Technical Positioning and Moving Averages

Infosys is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning suggests a strong short- to long-term price momentum, reinforcing the stock’s current bullish trend. The alignment above these averages often indicates sustained investor confidence and can act as support levels in case of price corrections.

Performance Metrics Over Various Timeframes

Examining Infosys’s performance over multiple periods provides additional context to its current trading strength. The stock recorded a 1-day gain of 2.73%, closely tracking the Sensex’s 2.75% movement. Over the past week, Infosys declined by 0.59%, while the Sensex advanced 2.51%, indicating some short-term divergence.

Over the last month, Infosys gained 2.00%, outperforming the Sensex’s 2.16% decline. The three-month performance is particularly notable, with Infosys rising 12.66% compared to a marginal 0.08% drop in the Sensex. Year-to-date, Infosys has advanced 3.53%, contrasting with the Sensex’s 1.54% decline.

Longer-term trends show a more mixed picture. Over one year, Infosys has declined 10.22%, while the Sensex has gained 8.71%. Over three years, Infosys’s growth of 4.65% trails the Sensex’s 37.91%, and over five years, Infosys’s 30.12% gain is below the Sensex’s 66.96%. The ten-year performance remains strong, with Infosys up 188.99% against the Sensex’s 246.40%.

Mojo Score and Rating Update

Infosys currently holds a Mojo Score of 70.0, reflecting a positive overall assessment. The company’s Mojo Grade was upgraded from Hold to Buy on 22 Dec 2025, signalling improved market sentiment and fundamental outlook. The Market Cap Grade stands at 1, indicating a large-cap status within its sector.

Sector and Market Context

The IT - Software sector’s gain of 2.07% on the day reflects a generally positive environment for technology stocks, although Infosys’s intraday volatility and price swings were more pronounced than many peers. The broader market’s retreat after an initial gap up highlights the selective nature of buying interest, with mega-cap stocks like Infosys showing relative strength despite the Sensex’s 2.75% decline.

Technical indicators for the Sensex show it trading below its 50-day moving average, though the 50DMA remains above the 200DMA, suggesting a cautious but not bearish medium-term outlook. Mega-cap leadership in the market continues to be a key theme, with Infosys’s performance aligning with this trend.

Trading Action Summary

Infosys’s trading session on 3 Feb 2026 was characterised by a strong opening gap, sustained intraday gains, and elevated volatility. The stock’s ability to maintain levels above all major moving averages throughout the day indicates robust demand and technical support. The intraday high of Rs 1,727.85 represents a significant milestone within the current trading range, underscoring the stock’s capacity to absorb market fluctuations and maintain upward momentum.

While the stock slightly underperformed the sector on a percentage basis, its absolute price gains and volatility profile highlight active participation from market participants. This dynamic trading environment reflects the stock’s importance within the Computers - Software & Consulting sector and its role as a bellwether for IT stocks.

Summary

Infosys Ltd’s strong intraday performance on 3 Feb 2026, marked by a 6.07% intraday high and a 3.31% day gain, stands out amid a volatile market backdrop. The stock’s technical positioning above key moving averages and its Mojo Grade upgrade to Buy reinforce its current strength. Despite a broader market pullback, Infosys’s trading action highlights its resilience and continued relevance within the IT sector.

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