Nifty IT Stocks

India's IT sector faces muted growth as client spending slows and AI disrupts pricing, with analysts expecting only 3-4% revenue growth in the near term

The Sensex touched a low of 76,680.75, down 983.253 points, or 1.26 per cent. Likewise, the Nifty 50 hit an intraday low of 23,893.40, down 279.65 points, or 1.15 per cent

The buyback price is 19 per cent higher than the stock's closing price on Thursday's of Rs 210.15 per share on the NSE.

Coforge, Infosys, Mphasis and Tata Consultancy Services (TCS) slipped over 3 per cent

Anthropic's latest AI model, Mythos, marks a shift from general-purpose AI to domain-specific intelligence-particularly in cybersecurity. Motilal Oswal sees limited immediate disruption to Indian IT

Accenture sees AI-led deal momentum, but analysts remain cautious on Indian IT stocks amid weak demand, macro risks, and uncertain growth outlook

Indian IT firms derive a major portion of revenue from the US market, making them sensitive to changes in interest rate expectations and inflation trends

Nifty IT index snaps six-day losing streak as brokerages cite stable demand, limited pricing pressure and resilient outlook despite concerns over generative AI

Nifty IT index: Today's rebound in IT stocks followed a sharp decline over the past six sessions, during which the index had lost 4.6 per cent

FPIs sold nearly ₹17,000 crore worth of IT stocks in February despite strong overall equity inflows, as fears of AI-led disruption drove the sector to its steepest monthly fall since 2008

IT stocks outperformed the market on Wednesday as rupee breached the 92 per dollar-mark. Shares of Infosys, TCS, HCL Tech gained amid the market crash

Sunny Agarwal of SBI Securities said that going ahead, the financial services sector will lead, which includes banks, both public sector (PSU) and private

Emkay Global has turned 'Overweight' on Indian IT sector after Nifty IT fell 21 per cent in February 2026. It sees a 3-year return potential of up to 25 per cent with limited downside.

Earlier this week, Jefferies downgraded Indian IT companies Infosys, HCLTech and MphasiS to 'hold'; LTIMindtree, TCS and Hexaware to 'underperform'.

The Nifty IT index has lost over 19 per cent in CY26 as compared to a nearly 2 per cent dip in the Nifty 50 index during this period

The global research and broking house has cut their earnings estimates by 1-4 per cent across IT firms and expects 6 per cent earnings CAGR over FY26-28.

The correction in the tech pack has been driven by mounting concerns among investors over the potential impact of AI on the sector's growth outlook

Anand James of Geojit Investments reckons that the momentum oscillators for Infosys are yet to show signs of full reversal, and flags key support for the stock around ₹1,340 levels.

According to MOFSL, enterprise complexity, legacy systems and governance constraints could slow AI adoption, pushing productivity gains further out

Investors confront reversal as decade-long IT rally unwinds, reshaping Nifty's sector hierarchy