Page 2 - Nifty It Stocks

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.

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

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 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 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

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

Sensex extends losses, falls 1200 pts intraday; Nifty below 23,900: Reasons

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

Wipro unveils Rs 15,000-cr buyback via tender route: Should you go for it?

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.

TCS, Infosys: Nifty IT falls 3% in rising market: Key reasons explained

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

Anthropic Mythos AI: What it means for Indian IT stocks and cybersecurity

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

AI tailwinds not enough: Analysts cautious on Indian IT after Accenture Q2

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

Fed pause, inflation risks drag IT stocks; TCS, Wipro, HCL drop up to 3%

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

IT stocks rebound 2.8% as brokerages downplay AI disruption fears

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 snaps six-day losing streak, up 4%; Coforge, Persistent lead gains

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 IT stocks heavily despite positive net inflows in February

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

Why are IT shares gaining in a falling market? Infosys up 2%, Persistent 1%

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

Geopolitics, muted earnings growth worrying markets: Sunny Agarwal

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

AI fears overdone? Emkay turns 'Overweight' on IT, adds Infosys, HCL Tech

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.

Antique cuts TCS, HCLTech to 'Hold'; slashes growth estimates on AI risks

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

Nifty IT hits 2-year low; Tech stocks slide up to 5% on renewed AI fears

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