Information technology stocks moved higher in today’s session after industry sources indicated stronger traction in cloud transformation projects and digital modernization spending among large global clients. Analysts observed improved conversion of qualified pipelines into signed contracts, especially in banking, manufacturing and telecom verticals. Despite currency volatility, margin expectations remain stable due to ongoing cost optimization and offshore delivery expansion. Investors welcomed management commentary suggesting healthier client budgets for 2026, supporting the sector’s medium-term revenue visibility.