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Nifty It Stocks

Accenture impact: Nifty IT index cracks 6%; TCS, Infy, TechM plunge up to 8%

Indian IT stocks fell on Friday as Accenture narrowed its annual revenue growth forecast and issued weaker-than-expected fourth-quarter guidance, despite steady quarterly earnings.

Accenture impact: Nifty IT index cracks 6%; TCS, Infy, TechM plunge up to 8%
Updated On : 19 Jun 2026 | 10:33 AM IST

IT shares trade weak; Infy, TCS, HCL Tech, Wipro slip up to 2%; here's why

Fed decision, weak US cues: At 10:18 AM on Thursday, the Nifty IT index was the top sectoral loser, down 1 per cent, as against a 0.10 per cent rise in the Nifty 50.

IT shares trade weak; Infy, TCS, HCL Tech, Wipro slip up to 2%; here's why
Updated On : 18 Jun 2026 | 11:24 AM IST

Coforge's $5 bn growth sprint hinges on Encora acquisition, big deals

Coforge aims to double revenue to $5 billion by FY30, banking on Encora integration, large deals and AI-led growth to sustain momentum

Coforge's $5 bn growth sprint hinges on Encora acquisition, big deals
Updated On : 17 Jun 2026 | 10:20 PM IST

IT rout deepens: Nifty IT falls 3%, down 9% in 6 days on risk-off sentiment

Analysts attributed the sustained weakness in the Nifty IT index to broad-based pressure in global technology stocks, cautious sentiment over slower US tech spending, and rising geopolitical tensions

IT rout deepens: Nifty IT falls 3%, down 9% in 6 days on risk-off sentiment
Updated On : 11 Jun 2026 | 11:44 AM IST

IT stocks crash up to 36% from Feb peak; should you buy?

Hitesh Rathi, technical analyst at Angel One says that IT stocks continue to trade with a negative bias on the charts, and are prone to further fall if they dip below the crucial support zones.

IT stocks crash up to 36% from Feb peak; should you buy?
Updated On : 08 Jun 2026 | 1:06 PM IST

Nifty IT index tanks 9% in 4 days; Wipro, TCS down up to 6%; here's why

Thus far in the calendar year 2026, the market price of TCS tanked 33 per cent, as compared to 11.5 per cent fall in the Nifty 50.

Nifty IT index tanks 9% in 4 days; Wipro, TCS down up to 6%; here's why
Updated On : 08 Jun 2026 | 10:35 AM IST

IT stocks plunge on renewed AI fears after biggest rally in a year

The Nifty IT index slumped 5.6 per cent, its steepest fall in four months, as concerns over AI-driven revenue deflation weighed on investor sentiment

IT stocks plunge on renewed AI fears after biggest rally in a year
Updated On : 04 Jun 2026 | 12:07 AM IST

Nifty IT snaps 3-day rally, tumbles 6%; TCS, LTM tank up to 9%; here's why

IT stocks witnessed heavy selling pressure on Wednesday tracking overnight losses in technology shares in the US market. Indian ADRs cracked up to 8%.

Nifty IT snaps 3-day rally, tumbles 6%; TCS, LTM tank up to 9%; here's why
Updated On : 03 Jun 2026 | 12:27 PM IST

Nifty IT valuation at 20x PE: Is it time to be greedy in IT stocks?

As Nifty IT trades below historical valuations despite record earnings, Apurva Sheth explores whether India's IT sector is nearing a major turnaround opportunity

Nifty IT valuation at 20x PE: Is it time to be greedy in IT stocks?
Updated On : 03 Jun 2026 | 7:59 AM IST

Nifty IT extends winning streak to 3rd day, up 3%; TCS, Infosys lead gains

In the past three sessions, the Nifty IT index has climbed as much as 6 per cent, while the Nifty index has declined 2.50 per cent.

Nifty IT extends winning streak to 3rd day, up 3%; TCS, Infosys lead gains
Updated On : 02 Jun 2026 | 10:47 AM IST

Nifty IT jumps 2.5%; why are Infosys, Wipro, TCS, Coforge up today?

Today's sharp outperformance in the IT sector was driven by overnight rally in tech stocks on the Wall Street and company-speciific developments back home.

Nifty IT jumps 2.5%; why are Infosys, Wipro, TCS, Coforge up today?
Updated On : 29 May 2026 | 11:09 AM IST

AI deals are rising, but earnings lag: What lies ahead for Indian IT stocks

Indian IT stocks have fallen up to 34 per cent in 2026 as AI disrupted outsourcing model. Analysts remain cautious on FY27 outlook. They prefer TCS, Infosys, HCLTech, Coforge

AI deals are rising, but earnings lag: What lies ahead for Indian IT stocks
Updated On : 25 May 2026 | 9:58 PM IST

Sensex drops over 1,000 pts but still ends in green amid West Asia crisis

Benchmark indices recovered from sharp early losses as IT stocks rallied and foreign investors continued buying despite escalating tensions in West Asia

Sensex drops over 1,000 pts but still ends in green amid West Asia crisis
Updated On : 18 May 2026 | 11:09 PM IST

Nifty IT rebounds, up 4% in two days; analyst sees short-term upside

The Nifty IT index has corrected 27 per cent on a Y-T-D basis, in comparison, the Nifty 50 index has declined 9.5 per cent in the same period.

Nifty IT rebounds, up 4% in two days; analyst sees short-term upside
Updated On : 18 May 2026 | 1:42 PM IST

What's fueling the rally in IT stocks today? Analyst explains

The Nifty IT index has underperformed the markets in 2026 so far and emerged as top sectoral loser as well. As per data, the index has corrected 26 per cent on Y-T-D basis.

What's fueling the rally in IT stocks today? Analyst explains
Updated On : 15 May 2026 | 2:23 PM IST

Oracle Financial Services bucks IT rout in CY26; rises 16% while peers fall

Analysts believe OFSS's outperformance is underpinned by relatively sustainable revenue growth, sharp margin expansion, operating leverage, and AI-driven productivity gains

Oracle Financial Services bucks IT rout in CY26; rises 16% while peers fall
Updated On : 15 May 2026 | 7:48 AM IST

Nifty IT index tanks 7% in 4 days; TCS, Infy, HCL, LTM hit fresh 52-wk lows

In 2026 so far, TCS, Infosys, HCL Tech, Tech Mahindra, and Wipro have declined in the range of 17 per cent to 33 per cent. In comparison, the Nifty 50 index has dived 10 per cent, data showed.

Nifty IT index tanks 7% in 4 days; TCS, Infy, HCL, LTM hit fresh 52-wk lows
Updated On : 14 May 2026 | 12:23 PM IST

Nifty IT tumbles 3.7% to near 3-year low amid AI disruption concerns

Indian IT stocks fell sharply after OpenAI's acquisition of consulting firm Tomoro intensified concerns over AI-led disruption to traditional IT services models

Nifty IT tumbles 3.7% to near 3-year low amid AI disruption concerns
Updated On : 12 May 2026 | 10:51 PM IST

Nifty IT index slumps 3% as OpenAI announces launch of Deployment Company

Nifty IT index has fallen nearly 25 per cent year-to-date, compared with an 8.85 per cent decline in the benchmark Nifty50

Nifty IT index slumps 3% as OpenAI announces launch of Deployment Company
Updated On : 12 May 2026 | 10:27 AM IST

Indian IT cos near-term outlook muted; clients cut spending, AI risks mount

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

Indian IT cos near-term outlook muted; clients cut spending, AI risks mount
Updated On : 24 Apr 2026 | 7:02 PM IST