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TCS, Wipro & Infosys In Red, Nifty IT Hits Lowest Level Since April 2023 — Why Are IT Stocks Under Pressure?
Nifty IT index was down more than 42% from record highs and 30% since February 2026, while all its constituents remained in red as Tata Consultancy Services, Infosys and HCL ech touched multi-year lows.
Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?
The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal Reserve's interest rate trajectory weighed on sentiment. Infosys, TCS, Wipro and other IT stocks declined up to 3%, with investors awaiting the sector's Q1 earnings season.
Nifty IT sinks 2% to 3-year low; TCS, Infosys, HCL Tech, LTM hit 52-wk lows
As per data, the Nifty IT Index has corrected nearly 42 per cent from its all-time high of 46,089, recorded in December 2024, and is now trading close to its April 2023 lows.
Nifty IT plunges over 2%; Infosys, LTIMindtree, TCS among top laggards
On June 30, the Nifty IT index dropped over 2% due to global tech weaknesses and demand concerns. Key players like LTIMindtree, Infosys, and TCS led the decline, with analysts highlighting a crucial support level that could define the index's trajectory.
Weekly Market Wrap: NIFTY50, SENSEX end lower as metal, IT indices fall 4%; Infosys leads losses - Upstox
Weekly Market Wrap: NIFTY50, SENSEX end lower as metal, IT indices fall 4%; Infosys leads lossesUpstox
Sterling Bank selects Infosys Finacle SaaS platform for its transformation program
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Sterling Bank of Asia (Sterling Bank), one of the most progressive banks in the Philippines, today announced the bank's decision to select Infosys Finacle Software-as-a Service (SaaS) platform for its transformation program. Sterling Bank has opted to leverage the Finacle Core Banking, Finacle Customer Data Hub, Finacle Trade Finance, and Finacle Origination solutions for its requirements. Through this strategic collaboration with Infosys Finacle, Sterling Bank expects to enhance the experience of both employees and customers, maintain high standards of availability and reliability in its banking services, and reduce operational complexity through automation and digitization, thereby supporting its future growth.
Infosys wins digital banking deal from Philippines lender Sterling Bank
Sterling Bank of Asia will adopt Infosys Finacle's cloud-based banking platform as it upgrades its core banking systems, adding to Infosys' growing presence in Southeast Asia.
Nifty June futures trade at premium
HDFC Bank (India), Infosys and Tata Consultancy Services (TCS) were the top traded contract.
TCS, Infosys, HCL Tech Lead Mixed IT Trade; Nifty IT Edges Higher As F&O Data Shows Fresh Positioning
The Nifty IT index traded within a range of 27,419.55 to 27,881 during the session before holding modest gains in morning trade.
Nifty June futures trade at premium
HDFC Bank (India) Infosys and Tata Consultancy Services were the top traded contract.
Sensex jumps 791 points, Nifty tops 24,000: 3 reasons why markets rose today
Index majors ICICI Bank, HDFC Bank and Infosys led the rally, helping both Sensex and Nifty gain nearly 1%. The Nifty IT index also strengthened after Axis Capital upgraded eight IT stocks, adding momentum to the broader market.
Sensex Today Trades Higher | Nifty Above 23,850 | Tech Mahindra & Infosys Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 23,850 | Tech Mahindra & Infosys Top GainersEquitymaster