Infosys boosts India's stock benchmarks, IT stocks on AI collaboration with Anthropic

India's stock benchmarks Nifty 50 .NSEI and Sensex .BSESN rise about 0.3% each, led by IT stocks after Infosys INFY.NS announces a collaboration with AI-firm Anthropic

Both benchmarks fell around 0.4% in early trade, before reversing gains

IT index .NIFTYIT rises 2.7%, topping sectoral gains; all 10 constituents advance

INFY gains 4.7% after the country's No. 2 software services exporter says it will collaborate with Anthropic to develop enterprise AI solutions for its clients across various sub-segments

Rise in IT stocks overpowers a pullback in index heavyweight Reliance RELI.NS, which is down about 1% and the metal index .NIFTYMET which has shed 1.2% on the day on a firmer dollar

Nine of the 16 major sectors advance; the broader small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 gain 0.4% and 0.2%, respectively

Among stocks, Cochin Shipyard COCH.NS climbs 4.3% after emerging as the lowest bidder for a 50-billion-rupee order from the Ministry of Defence

Texmaco Rail TEXA.NS gains 5.6% after securing an order worth 609.5 million rupees from Mumbai Railway Vikas Corp for signalling equipment and gears for a proposed railway line in Mumbai Suburban