Current price is far from the real time NAV

Less expense ratio implies better returns over the long term

Expense Ratio

ETF has been able to closely match its benchmark's 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

Entry Point

Nifty IT index reached an all-time high of 46,002.65, with all 10 constituents posting gains; Here’s why IT stocks are in demand today

Nifty IT Hits Life Time High, Tops 46,000; TCS, Tech Mahindra, Coforge Top Gainers - News18

Indian IT stocks surged on Thursday, with the Nifty IT index reaching a new high of 46,000. Companies like Coforge and Tech Mahindra led the gains, rising up to 4%, fueled by positive U.S. inflation data and hopes of a Fed rate cut. Several other IT firms also hit 52-week highs, defying the broader market trend.

Nifty IT crosses 46K milestone! Infosys, Wipro other tech stocks gain up to 4% to new 52-week highs

Among the top gainers in the Nifty IT index, Coforge led the pack with a 3.17% rise, followed by Tech Mahindra, which gained 1.34%.

Nifty IT Shines As Tech Mahindra, Infosys, TCS And Other Key Stocks Soar

Sensex and Nifty rise in early trade driven by IT stocks amid global market optimism.

Sensex, Nifty climb in early trade amid positive global cues

An analyst from Swastika Investmart said that Birlasoft appears to be bottoming out, forming a base near a critical support zone. It is currently consolidating around the 100 SMA, acting as a hurdle.

Infosys, Mphasis, Birlasoft: Key support and resistance levels for these 3 IT stocks

The Nifty IT index closed 0.33 per cent at 45350.35.

Stock market update: Nifty IT index 0.33%

IT Industry Hiring Trends: Fresher hiring is poised for a growth, with an increase of 15-20% in jobs across various industries.

IT Sector Hiring Trends 2025: Industry To Boost Intake By 15-20% Across Roles - News18

Indian markets saw minimal movement. Consumer and IT stocks performed well. Banking stocks faced losses. Investors are watching for inflation numbers from the US and India. These figures will give clues about future interest rate decisions. Global markets showed mixed trends. Asian markets were varied, with gains in China and South Korea. European markets opened lower.

Market Wrap: Sensex, Nifty end flat, consumer durables and IT stocks gain as investors eye inflation data

Among the tier-2 IT stocks, Axis Capital has issued ‘add’ rating for Zensar Technologies, ‘sell’ for Persistent Systems and Coforge and ‘reduce’ for LTIMindtree and Mphasis.

Infosys, Wipro Stocks Get ‘Add’ From Axis Capital, TCS, HCLTech Get ‘Reduce’ In 2025 Outlook

​The Nasdaq selling off over the last couple of days. So, if I had to choose, like I said, I would probably think banking is a better bet, probably has one more leg on the upside as I mentioned earlier and we look for potential upside to continue there rather than on the IT sector.

FMCG stocks offer defensive trade opportunity in volatile market: Rohit Srivastava

The Nifty IT index was trading 0.21 per cent at 45294.40.

Stock market update: Nifty IT index 0.21% in an upbeat market

SBI ETF IT objective is to provide return that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error

SBI Nifty IT ETF

Average daily traded value of the ETF  is medium

SBI Nifty IT ETF

SBI 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

Nifty IT Hits Life Time High, Tops 46,000; TCS, Tech Mahindra, Coforge Top Gainers - News18

Nifty IT crosses 46K milestone! Infosys, Wipro other tech stocks gain up to 4% to new 52-week highs

Nifty IT Shines As Tech Mahindra, Infosys, TCS And Other Key Stocks Soar

Sensex, Nifty climb in early trade amid positive global cues

Infosys, Mphasis, Birlasoft: Key support and resistance levels for these 3 IT stocks

Stock market update: Nifty IT index 0.33%

IT Sector Hiring Trends 2025: Industry To Boost Intake By 15-20% Across Roles - News18

Market Wrap: Sensex, Nifty end flat, consumer durables and IT stocks gain as investors eye inflation data

Infosys, Wipro Stocks Get ‘Add’ From Axis Capital, TCS, HCLTech Get ‘Reduce’ In 2025 Outlook

FMCG stocks offer defensive trade opportunity in volatile market: Rohit Srivastava

SBI 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

Nifty IT Hits Life Time High, Tops 46,000; TCS, Tech Mahindra, Coforge Top Gainers - News18

Nifty IT crosses 46K milestone! Infosys, Wipro other tech stocks gain up to 4% to new 52-week highs

Nifty IT Shines As Tech Mahindra, Infosys, TCS And Other Key Stocks Soar

Sensex, Nifty climb in early trade amid positive global cues

Infosys, Mphasis, Birlasoft: Key support and resistance levels for these 3 IT stocks

Stock market update: Nifty IT index 0.33%

IT Sector Hiring Trends 2025: Industry To Boost Intake By 15-20% Across Roles - News18

Market Wrap: Sensex, Nifty end flat, consumer durables and IT stocks gain as investors eye inflation data

Infosys, Wipro Stocks Get ‘Add’ From Axis Capital, TCS, HCLTech Get ‘Reduce’ In 2025 Outlook

FMCG stocks offer defensive trade opportunity in volatile market: Rohit Srivastava

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