Current price is close to the real time NAV

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 been generating better price return than bank FD

Return vs FD Rates

Good time to consider, as ETF is not in overbought zone

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Indian benchmark indices closed flat on Tuesday, with blue-chip IT stocks gaining, while market participants exercised caution ahead of key inflation data from India and the United States due later in the week.

Market Wrap: Sensex, Nifty end flat ahead of key inflation data; IT stocks gains

Former Karnataka Chief Minister S.M. Krishna passes away at 92, known for political career and IT sector contributions.

S.M. Krishna, former Karnataka CM and Maharashtra Governor, dies at 92

India’s hiring sentiment for Jan-March 2025 is stronger by 3 percentage points compared to the previous quarter and last year, with a 40% net employment outlook, 15 points higher than the global average. The IT sector leads with a 50% hiring outlook. Regions like West and East India saw significant growth, and larger companies continue to drive hiring.

India ranks first globally for its employment outlook in Jan-March 2025: Manpower survey

The Nifty IT index was trading 0.74 per cent at 45163.95.

Stock market update: Nifty IT index 0.74% in an upbeat market

Here are all the top calls from analysts you need to know about on Tuesday.

Brokerage Views: HSBC On IT Sector, ONGC, Citi On Divis Labs, Jefferies On Godrej Properties And More

On Monday, the benchmark index Sensex dropped by 201 points, closing at 81,508. Despite the market decline, nine stocks from the BSE IT index hit their 52-week highs. A 52-week high represents the highest price a stock has reached over the past year, offering valuable insights for traders and investors. This metric is crucial for assessing a stock’s current value and forecasting its future performance. Defying Odds

These 9 IT stocks hit fresh 52-week highs, rallied up to 40% in a month - Defying Odds

The IT sector is predicted to see 15-20% job growth in 2025, with fresher hiring increasing significantly. Demand for specialized tech roles like AI and ML is expected to surge by 30-35%. Companies are investing in upskilling to meet evolving tech needs, and campus hiring remains a key focus.

Hiring in IT sector to witness 15-20% growth in job opportunities: report

The Nifty IT index closed 0.26 per cent at 44832.00.

Stock market update: Nifty IT index 0.26%

Benchmark Indian equity indices, the BSE Sensex and Nifty 50, were subdued at the open on Monday

Sensex Ends 201 Points Lower, Nifty Below 24,650; FMCG Major Drag, IT Stocks Shine - News18

The Nifty IT index was trading 0.3 per cent at 44581.60.

Stock market update: Nifty IT index 0.3% in a weak market

Indian headline indices broke their five-session winning streak to close in the red, despite initial gains following the Reserve Bank of India’s (RBI) 50 bps CRR cut. Bank and IT stocks were the biggest drags on the indices. The S&P BSE Sensex settled at 81,709.12, down by 56.74 points or 0.07%, while the broader Nifty50 closed at 24,677.80, lower by 30.60 points or 0.12%.Commenting on the day’s action, Om Mehra, Technical Analyst at SAMCO Securities, noted that the Nifty index is holding steady above the crucial 24,650 support level. In his view, the primary trend remains positive, as the Nifty trades near the upper band of the Donchian Channel, which is trending higher—indicating potential bullish momentum. Additionally, India’s VIX remains subdued, hovering below the 15 mark, suggesting a contraction in volatility and reduced fear in the market, he said.“The outlook remains optimistic as long as 24,500 holds on a closing basis. A decisive move above 24,700 could pave the way for further upside, while failure to sustain could lead to consolidation,” Mehra said.Here are 8 stock recommendations for Monday: Stock Ideas

Market Trading Guide: IRFC, REC among 8 stock recommendations for Monday - Stock Ideas

Nippon India ETF Nifty IT's objective is to provide investment returns closely corresponding to the total returns of the securities as represented by the NIFTY IT Index before expenses, subject to tracking errors