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

Despite this, Morgan Stanley recommends staying selective on IT stocks.

Infosys To Coforge: These Are Morgan Stanley’s IT Picks As It Sees Cyclical Recovery

On Thursday, the benchmark Sensex dropped 236 points, ending the day at 81,289. Despite fall in the markets, 10 stocks from the BSE IT index hit their 52-week highs. A 52-week high indicates the highest price a stock has achieved over the past year, providing key insights for traders and investors. This metric is essential for evaluating a stock’s current value and predicting its potential future performance. New Highs

These 10 IT stocks hit 52-week highs, rallied up to 60% in a month - New Highs

Indian market closed lower on Thursday. The BSE Sensex fell more than 200 points while the Nifty50 closed below the 24,600 level. Market Wrap

Breakout Stocks: IT stocks in focus! How to trade Infosys, Wipro and HCL Technologies on Friday - Market Wrap

Indian markets closed lower on Thursday, with IT stocks gaining due to expectations of a US rate cut. However, other sectors, especially banks and FMCG, declined. Investors are awaiting Indian inflation data to gauge the RBI’s future rate actions. The market is currently range-bound, with a potential for further consolidation.

Ahead of Market: 10 things that will decide stock market action on Friday

Indian benchmark equity indices traded flat on Thursday as a jump in IT stocks due to the near-certainty of a U.S. rate cut next week was offset by a retreat in almost all other sectors on caution ahead of local inflation data. Meanwhile, four Nifty50 stocks reached new 52-week highs today. Here’s the list: Bucking Trend

Infosys, Wipro among 4 Nifty50 stocks that hit 52-week highs on Thursday - Bucking Trend

Nifty IT index recovery driven by US economy, potential growth in 2025, and positive outlook for Indian IT firms.

IT sector benefits from US economic developments

Indian markets ended lower on Thursday as IT sector gains, fueled by hopes of a US rate cut next week, were offset by losses in most sectors amid caution ahead of domestic inflation data.

Gainers & Losers: Adani group stocks, NALCO among 10 stocks in limelight on Thursday

The Nifty IT index closed 0.77 per cent at 45701.65.

Stock market update: Nifty IT index 0.77%

Indian shares closed lower on Thursday, dragged down by most sectors except IT. Rate-sensitive IT firms rose on expectations of a US Fed rate cut next week following in-line US inflation data. However, caution prevailed ahead of domestic inflation and industrial output data release.

Market Wrap: Sensex sheds 236 pts, Nifty below 24,600 ahead of inflation data; IT stocks advance

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

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

Infosys To Coforge: These Are Morgan Stanley’s IT Picks As It Sees Cyclical Recovery

These 10 IT stocks hit 52-week highs, rallied up to 60% in a month - New Highs

Breakout Stocks: IT stocks in focus! How to trade Infosys, Wipro and HCL Technologies on Friday - Market Wrap

Ahead of Market: 10 things that will decide stock market action on Friday

Infosys, Wipro among 4 Nifty50 stocks that hit 52-week highs on Thursday - Bucking Trend

IT sector benefits from US economic developments

Gainers & Losers: Adani group stocks, NALCO among 10 stocks in limelight on Thursday

Stock market update: Nifty IT index 0.77%

Market Wrap: Sensex sheds 236 pts, Nifty below 24,600 ahead of inflation data; IT stocks advance

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

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

Infosys To Coforge: These Are Morgan Stanley’s IT Picks As It Sees Cyclical Recovery

These 10 IT stocks hit 52-week highs, rallied up to 60% in a month - New Highs

Breakout Stocks: IT stocks in focus! How to trade Infosys, Wipro and HCL Technologies on Friday - Market Wrap

Ahead of Market: 10 things that will decide stock market action on Friday

Infosys, Wipro among 4 Nifty50 stocks that hit 52-week highs on Thursday - Bucking Trend

IT sector benefits from US economic developments

Gainers & Losers: Adani group stocks, NALCO among 10 stocks in limelight on Thursday

Stock market update: Nifty IT index 0.77%

Market Wrap: Sensex sheds 236 pts, Nifty below 24,600 ahead of inflation data; IT stocks advance

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

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