NIFTYIT · NSE
Nifty IT
Index · View only — not on the trading terminal
₹28,854.55
-1.03% (-₹301.05)
Prev. close
₹29,155.6
Volume
6,29,04,917
As of
18 Sept 2026
Price history
Nilesh Shetty · Quantum Advisors · 11 Mar 2026
“Nilesh Shetty is actively accumulating Indian IT services stocks, identifying them as a contrarian buying opportunity. He believes AI fears are overstated, as these firms are well-positioned to help enterprises integrate AI into existing systems, expanding their opportunity pool, and valuations are attractive at COVID-era lows with 4-5% dividend yields and strong free cash flow.”
Analyst sentiment
Analysts lean bullish
36 analyst stances · last 90 days · one per analyst
Trackable
12 · 8 bull / 2 neutral / 2 bear
Long-Horizon
none in window
Commentary
24 · 7 bull / 3 neutral / 14 bear
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on Indian IT stocks, as the recent rebound reflects easing concerns over immediate AI-led disruption. AI is crea…” | Ajit MishraReligare Broking | Nifty IT | PENDING | |
| “Bullish on Nifty IT for a near-term pullback towards 29,300-30,200, as the sector is technically oversold, trading near …” | Anand JamesGeojit Investments Limited | Nifty IT | PENDING | |
| “CLSA's AI capability ranking places TCS, Infosys, and HCLTech as leaders among India-listed large-cap IT players, with P…” | CLSA AnalysisCLSA | Nifty IT | PENDING | |
| “Bearish on IT services, maintaining an underweight stance. Despite a recent recovery in IT stocks, earnings remain under…” | Sunil KoulGoldman Sachs | Nifty IT | PENDING | |
| “Bullish on the IT sector, expecting the IT index to rise at least 50% over the next two to two-and-a-half years, driven …” | Sandip AgarwalSowilo Investment Managers | Nifty IT | PENDING | |
| “Neutral on the IT sector, as valuations are now more comfortable and pessimism regarding AI's impact on traditional IT s…” | Seshadri SenEmkay Global Financial Services | Nifty IT | PENDING | |
| “Neutral on the Indian IT sector overall, remaining selective rather than broadly constructive due to unresolved debate o…” | UBS AnalysisUBS | Nifty IT | PENDING | |
| “Bullish on specific challengers within the IT Services sector, identifying Tech Mahindra, Coforge, Hexaware Technologies…” | Kotak Institutional Equities AnalysisKotak Institutional Equities | Nifty IT | PENDING | |
| “Bullish on the digital platform space, noting it is exhibiting strength backed by delivery-based buying and accumulation…” | VK VijayakumarGeojit Investments | Digital Platform Space | PENDING | |
| “Bullish on Indian IT as FIIs show renewed buying interest, marking the sector's first positive inflow in 2026. Attractiv…” | Article Analysis AnalysisArticle Analysis | Nifty IT | PENDING | |
| “Morgan Stanley is overweight on the Information Technology sector, viewing IT services as a potential 'dark horse' as gl…” | Ridham DesaiMorgan Stanley | Nifty IT | PENDING | |
| “Bearish on the IT sector, advising to steer clear due to continued weakness in both domestic and global IT names. He see…” | Rohit SrivastavaStrike Money Analytics and Indiacharts | Nifty IT | MISS | |
| “Bearish on the IT sector, advising to steer clear due to continued weakness in both domestic and global IT names. He see…” | Rohit SrivastavaStrike Money Analytics and Indiacharts | Nifty IT | MISS | |
| “Underweight on the IT sector, despite attractive valuations after a sharp correction. Earnings for large-cap IT companie…” | Rahul ShahMotilal Oswal Financial Services | Nifty IT | MISS |
Market commentary · 35 · levels, conditionals, previews, macro & hedged views — context, not graded
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Neutral on the Indian IT Services sector, expecting muted growth, intensifying competition, and limited margin expansion…” | JM Financial AnalysisJM Financial Institutional Securities | Nifty IT | PENDING | |
| “Bearish on the IT sector, advising a cautious approach as long as the Nifty IT index remains below 29,300. While some fr…” | Rupak DeLKP Securities | Nifty IT | PENDING | |
| “Bearish on large-cap IT, forecasting only 1-3% dollar revenue growth for the next two years due to severe AI-driven pric…” | Sumeet JainCLSA India | Nifty IT Index | PENDING | |
| “Bearish on Indian IT companies due to multiple factors, including rising geopolitical tensions, higher oil prices fuelin…” | Sumit PokharnaKotak Securities | Nifty IT | PENDING | |
| “Bullish on Indian IT as an 'anti-AI' diversifier, noting that AI-rotation outflows from India have 'largely played out'.…” | Herald van der LindeHSBC | Nifty IT | PENDING | |
| “Bullish on Indian IT as an 'anti-AI' diversifier, noting that AI-rotation outflows from India have 'largely played out'.…” | Yogesh AggarwalHSBC | Nifty IT Index | PENDING | |
| “Bullish on Indian IT, despite near-term weakness from AI-led pricing deflation and geopolitics. The core thesis is that …” | Anand Rathi AnalysisAnand Rathi | Nifty IT Index | PENDING | |
| “Bearish on Indian IT firms, expecting a 100 to 150 basis point margin drag due to proposed US H-1B visa fee hikes. While…” | Dhiraj RelliHDFC Securities | Nifty IT | PENDING | |
| “Neutral on the IT services sector, maintaining caution and holding only one stock currently. He is looking for companies…” | Samir AroraHelios Capital | Nifty IT | PENDING | |
| “Bullish on the Indian IT sector, expecting more acquisition-led growth over the next three to five years as companies se…” | Sandip AgarwalSowilo Investment Managers | Nifty IT | PENDING | |
| “Bullish on Indian IT stocks, viewing India as an 'anti-AI' diversifier for foreign investors amidst sharp swings in tech…” | Yogesh AggarwalHSBC | Nifty IT | PENDING | |
| “Bullish on Indian IT stocks, viewing India as an 'anti-AI' diversifier for foreign investors amidst sharp swings in tech…” | Prerna GargHSBC | Nifty IT | PENDING | |
| “Bullish on Indian IT stocks, viewing India as an 'anti-AI' diversifier for foreign investors amidst sharp swings in tech…” | Herald van der LindeHSBC | Nifty IT | PENDING | |
| “Negative on IT stocks, expecting continued pressure. However, he projects a 17.5% Nifty earnings growth for FY27, indica…” | Sanjeev PrasadKotak Institutional Equities | Nifty IT | PENDING | |
| “Bearish on Information Technology (IT) stocks, maintaining an 'avoid' stance. He cites AI-led disruption, concerns over …” | Sanjeev PrasadKotak Institutional Equities | Information Technology Sector | NOT GRADED | |
| “Bearish on IT stocks due to fears that persistently high interest rates could dampen global technology spending. This se…” | Vinod NairGeojit Investments Limited | Nifty IT | NOT GRADED | |
| “The IT sector rally is primarily valuation-driven, as excessive pessimism around AI's impact unwinds, leading to a rerat…” | Seshadri SenEmkay Global Financial Services | Nifty IT | NOT GRADED | |
| “Nifty IT has staged a strong recovery, rallying 18.5% from its July 1 low, and has reclaimed its 20-week EMA, indicating…” | Sudeep ShahSBI Securities | Nifty IT | PENDING | |
| “Bearish on IT stocks, advising investors to avoid them due to broken short-term and long-term levels, with no clear sign…” | Rohit SrivastavaStrike Money Analytics and Indiacharts | Nifty IT | NOT GRADED | |
| “Bearish on software and services stocks, including Indian IT, as IBM's poor results indicate a potential industry-wide s…” | Adam CrisafulliVital Knowledge | Nifty IT | MISS | |
| “Bullish on Indian IT stocks, noting that the negative impact from global AI-led valuation bubble concerns has eased, and…” | Vinod NairGeojit Investments Limited | Nifty IT | NOT GRADED | |
| “The risk-reward for Nifty IT is improving, with technical indicators like weekly reversal candles near support, RSI turn…” | Anand JamesGeojit Investments Limited | Nifty IT Index | NOT GRADED | |
| “Maintains a bullish stance on the Technology, Media & Telecommunications (TMT) sector, supported by an improved Indian o…” | Goldman Sachs AnalysisGoldman Sachs Group Inc. | Technology, Media & Telecommunications (TMT) | HIT | |
| “Bullish on the IT sector, specifically companies like TCS, Infosys, and HCL Technologies, despite recent crashes. The co…” | Rajeev ThakkarPPFAS Mutual Fund | Nifty IT | NOT GRADED | |
| “Bearish on the IT sector, including TCS, for the near term due to a cautious global demand environment and continued slo…” | Seema SrivastavaSMC Global Securities | Nifty IT | MISS | |
| “Bearish on the IT sector for Q1FY27, expecting soft demand commentary and flat quarter-on-quarter constant currency reve…” | Motilal Oswal AnalysisMotilal Oswal Financial Services | Nifty IT | NOT GRADED | |
| “Underweight on the IT sector, citing weak earnings growth and a valuation reset. Despite recent corrections, he sees no …” | Sridhar SivaramEnam Holdings | Nifty IT | MISS | |
| “Bearish on the Nifty IT index in the near-term, noting its 20% underperformance against the broader Indian market since …” | Nomura AnalysisNomura Global Markets Research | Nifty IT | MISS | |
| “Bearish on large-cap IT companies, expecting demand commentary to remain soft due to macro uncertainty, AI, and geopolit…” | Motilal Oswal AnalysisMotilal Oswal Financial Services | Large-cap IT Companies | PENDING | |
| “Bullish on Nifty IT, expecting positive sentiment to continue with an immediate resistance at 28,000 and potential to re…” | Rupak DeLKP Securities | Nifty IT | HIT | |
| “Nomura expects the Indian IT sector to experience another subdued year in FY27, with anaemic growth. This outlook is dri…” | Nomura AnalysisNomura Global Markets Research | Nifty IT | PENDING | |
| “Sandeep Neema advises caution on the IT sector at an aggregate level, as it is not among his preferred sectors due to we…” | Sandeep NeemaPL Asset Management | Nifty IT | MISS | |
| “Sudeep Shah of SBI Securities maintains a bearish outlook on the Nifty IT Index. He notes the index's weak technical set…” | Sudeep ShahSBI Securities | Nifty IT | NOT GRADED | |
| “Anshul Jain of Lakshmishree holds a bearish view on the Nifty IT Index, noting its weak broader technical structure, per…” | Anshul JainLakshmishree | Nifty IT | MISS | |
| “Mohit Gulati believes the 28% year-to-date correction in the Nifty IT index is not merely cyclical but reflects a struct…” | Mohit GulatiITI Growth Opportunities Fund | Nifty IT | MISS |
Index metrics
As of 19 Sept, 16:59 IST
Open
29,145.35
Day High
29,150.55
Day Low
28,568.65
Prev. Close
29,155.6
52W High
40,301.4
52W Low
25,699.1
P/E
18.41
P/B
5.08
Div. Yield
2.78%
Member stocks today
How many of this index's member stocks rose or fell today — a broad move and a few-heavyweights move look very different here.
4
Rose
6
Fell
0
Flat
Composition
10 stocks · 4 advanced · 6 declined
Member stocks, ranked by index weight — heaviest first.
Top weight: INFY · 34.2% (free-float mcap share, estimate — not NSE’s published weight)
INFY
Infosys Ltd. · Information Technology
34.2%
₹1,051.4
-0.68%
TCS
Tata Consultancy Services Ltd. · Information Technology
19.9%
₹2,105
-3.88%
HCLTECH
HCL Technologies Ltd. · Information Technology
12.2%
₹1,249.3
-0.72%
TECHM
Tech Mahindra Ltd. · Information Technology
9.0%
₹1,537.1
-1.53%
COFORGE
Coforge Ltd. · Information Technology
5.9%
₹1,841
+2.68%
PERSISTENT
Persistent Systems Ltd. · Information Technology
5.5%
₹5,416
-1.04%
WIPRO
Wipro Ltd. · Information Technology
4.2%
₹166.83
+0.26%
LTM
LTM Ltd. · Information Technology
3.7%
₹4,275.1
+0.23%
MPHASIS
MphasiS Ltd. · Information Technology
2.8%
₹2,300.4
-0.84%
OFSS
Oracle Financial Services Software Ltd. · Information Technology
2.6%
₹11,896
+2.38%
ETFs tracking this index
10 funds
Index levels are informational only, not investment advice.
Infosys Q2 results FY27: Dividend, quarterly earnings announcement date and time announced; board meeting, analyst call details
Infosys will announce its second-quarter and half-year financial results for FY27 on Friday, October 23, 2026. The board will also consider declaring an interim dividend for shareholders during the meeting. A trading window closure will be in effect from September 16, 2026, to October 26, 2026.
Infosys stock down 50%, limited growth outlook, but strong cash flow hints recovery potential.
Infosys shares have fallen 50% in two years, with modest organic growth expected by fiscal year 2027 due to AI pricing pressures and weak IT spending. Despite this, strong free cash flow and large deal wins offer potential for recovery. Analysts remain cautious, noting the stock is currently fairly priced.
Wipro falls as company launches AI-led STO360 with Aramco | Tap to know more | Inshorts
Inshorts · 22 hours ago
Nifty 50 closes higher, but TCS tumbles nearly 4%; check today’s top 10 losers
Business Upturn · 1 day ago
Persistent Systems confirms completion of takeover offer conditions for Nagarro SE
Business Upturn · 1 day ago
TCS, HCL Tech, Tata Elxsi, Route Mobile to Tech Mahindra: IT stocks dip up to 3% | Here's why
Livemint · 1 day ago
Up To 23% Upside! Coforge Remains Motilal Oswal's Top Mid-Tier IT Pick — Check Target Price, Key Growth Triggers
NDTV Profit · 1 day ago
Coforge Shares Fall Over 3% As Boardroom Exits Weigh On Sentiment
Coforge shares fell over 3% due to ongoing concerns about recent boardroom exits, despite the company reaffirming its FY27 financial guidance. Two independent directors, including the NRC chairperson, resigned, citing differences. Coforge is actively searching for new independent directors to fill the vacant positions.
HCLTech Q1 Results: Date, Time, Dividend News, Earnings Call Schedule And More
NDTV Profit · 2 days ago
Wipro launches Wipro STO360 with Aramco and SAP; shares fall 38% year-to-date
Upstox · 2 days ago
IT sector stocks today, September 17: Zensar Technologies falls 3.84%, Firstsource Solution down 1.37%, HCL Tech down 1%
Business Upturn · 2 days ago
IT Stocks Rally: Mphasis, HCL Tech, Tech Mahindra Surge Up To 7%; Nifty IT Index Zooms 5%
NDTV Profit · 4 days ago
Nifty IT jumps over 5%: Why are HCLTech, Infosys, LTM & other IT stocks soaring? Key reasons explained
LTM Limited's stock rose over 6% as the Nifty IT index jumped more than 5% on Tuesday. This rally in Indian IT stocks occurred amid growing concerns from major AI company executives about the rapid pace and risks of artificial intelligence development. Analysts suggest a slower AI development pace could indirectly benefit Indian IT firms.
Mphasis Partners With SGBS Unnati Foundation For Bengaluru Initiative; Shares Fall 0.26%
HDFC Sky · 8 days ago
IT stocks gain today, September 10: Aurionpro Solutions jumps 1.65%, Birlasoft rises 1.64%, Persistent Systems up 1.61%
Business Upturn · 9 days ago