Less expense ratio implies better returns over the long term

Expense Ratio

ETF has not been able to closely match its benchmark returns

Tracking Error

ETF has not been able to generate better price return than bank FD

Return vs FD Rates

Entry Point

The Nifty IT index closed 0.34 per cent down at 41945.6.

Stock market update: Nifty IT index falls 0.34%

Indian IT stocks benefitted from the US Federal Reserve’s interest rate reduction. The Nifty IT index opened at 42,551, up 462 points, or 1 per cent, from the previous close of 42,089.30.

Sensex, Nifty Jump To Life High After Jerome Powell Slashes Rate, Expert Says Reserve Bank Won’t Follow Fed’s Suit

Indian IT companies have large clients in the world’s largest economy, hence, any economic shift in the US impacts these companies’ outlook.

Nifty IT Rebounds After Fed Rate Cut; LTIMindtree, Infosys Lead Gains

The Nifty IT index was trading 0.25 per cent down at 41984.6.

Stock market update: Nifty IT index falls 0.25% in an upbeat market

The surge in IT stocks was fuelled by the US Federal Reserve’s decision to cut interest rates by 50 basis points, lowering the target range to 4.75 per cent to 5 per cent.

IT stocks : Why did Mphasis, Nifty IT gain up to 4% after US Fed cut rates by 50 bps?

Indian headline indices ended in the red on Wednesday after hitting fresh record highs, dragged by IT sector heavyweights Infosys and Tata Consultancy Services (TCS). Nifty scaled an all-time high of 25,482.20 before finishing the session at 25,377.55, down by 41 points or 0.16% while S&P BSE Sensex conquered a peak of 83,326.38 before settling at 82,948.23, lower by 131.43 points or 0.16%.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities said that some traders decided to take profits at higher levels which caused the market to close about 130 points below its peak for the day. “On the downside, there is support at 25,300. If Nifty falls below this level, it could lead to a further drop towards the 24,900-25,000 range. On the upside, 25,500 is acting as a resistance level, meaning it may be difficult for the market to move above this point in the short term,” De said.Here are 4 stock recommendations for Wednesday: Stock Ideas

Market Trading Guide: HDFC Bank, Tata Motors among 4 stock recommendations for Thursday - Stock Ideas

IT stocks: Fed rate cuts, Accenture promotion delay sour mood

Information technology stocks suffer biggest one-day fall in six weeks

Quick Wrap: Nifty IT Index declines 3.05%

Infosys Ltd , Tech Mahindra Ltd and Wipro Ltd are among JM Financial’s preferred largecap picks. In the midcap space, it likes Persistent Systems Ltd and KPIT Technologies Ltd.

Wipro, KPIT Tech, Infosys, TechM: How US Fed rate cuts may impact IT sector; stocks to buy

Indian indices closed lower, influenced by declines in IT stocks like Infosys and TCS. BSE surged on IPO hopes, while Torrent Power gained after a major contract win.

Gainers & Losers: BSE among 13 stocks that hogged limelight on Wednesday

Indian stock markets closed lower on September 18, 2024, amid caution ahead of the US Federal Reserve’s policy decision.

Sensex, Nifty close lower amid Fed anticipation; IT sector leads decline

DSP Nifty IT ETF aims to replicate the returns of the Nifty IT TRI by investing in IT company stocks.

DSP Nifty IT ETF

Average daily traded value of the ETF  is medium

DSP Nifty IT ETF

DSP Nifty IT ETF

Return vs FD Rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry Point
High demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF

News & Opinions

Stock market update: Nifty IT index falls 0.34%

Sensex, Nifty Jump To Life High After Jerome Powell Slashes Rate, Expert Says Reserve Bank Won’t Follow Fed’s Suit

Nifty IT Rebounds After Fed Rate Cut; LTIMindtree, Infosys Lead Gains

Stock market update: Nifty IT index falls 0.25% in an upbeat market

IT stocks : Why did Mphasis, Nifty IT gain up to 4% after US Fed cut rates by 50 bps?

Market Trading Guide: HDFC Bank, Tata Motors among 4 stock recommendations for Thursday - Stock Ideas

Information technology stocks suffer biggest one-day fall in six weeks

Quick Wrap: Nifty IT Index declines 3.05%

Wipro, KPIT Tech, Infosys, TechM: How US Fed rate cuts may impact IT sector; stocks to buy

Gainers & Losers: BSE among 13 stocks that hogged limelight on Wednesday

DSP Nifty IT ETF

Return vs FD RatesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry PointHigh demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF

News & Opinions

Stock market update: Nifty IT index falls 0.34%

Sensex, Nifty Jump To Life High After Jerome Powell Slashes Rate, Expert Says Reserve Bank Won’t Follow Fed’s Suit

Nifty IT Rebounds After Fed Rate Cut; LTIMindtree, Infosys Lead Gains

Stock market update: Nifty IT index falls 0.25% in an upbeat market

IT stocks : Why did Mphasis, Nifty IT gain up to 4% after US Fed cut rates by 50 bps?

Market Trading Guide: HDFC Bank, Tata Motors among 4 stock recommendations for Thursday - Stock Ideas

Information technology stocks suffer biggest one-day fall in six weeks

Quick Wrap: Nifty IT Index declines 3.05%

Wipro, KPIT Tech, Infosys, TechM: How US Fed rate cuts may impact IT sector; stocks to buy

Gainers & Losers: BSE among 13 stocks that hogged limelight on Wednesday

Return vs FD Rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry Point
High demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF