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

Nippon India ETF Nifty IT

ICICI Prudential IT ETF objective is to provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors

ICICI Prudential Nifty IT ETF

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

Mirae Asset Nifty IT ETF

Kotak IT ETF objective is to replicate the composition of the NIFTY IT Index and to generate returns that are commensurate with the performance of the NIFTY IT Index, subject to tracking errors

Kotak Nifty IT ETF

Axis Technology ETF objective is to provide returns before expenses that closely correspond to the total returns of the NIFTY IT Index subject to tracking errors

Axis NIFTY IT ETF

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

HDFC Nifty IT ETF objective is to provide investment returns that, before expenses, correspond to the total returns of the Securities as represented by the NIFTY IT Index, subject to tracking errors

HDFC Nifty IT ETF

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

DSP Nifty IT ETF

Aditya Birla Sun Life Nifty IT ETF objective is to generate returns, before expenses, that are commensurate with the performance of the S&P 500 Top 50 Total Return Index, subject to tracking error and forex movement

Aditya BSL Nifty IT ETF

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

UTI Nifty IT ETF

Nifty IT provides investors and market intermediaries with an appropriate benchmark that captures the performance of the IT segment of the market in India. The rescheduling of index constituents happens bi-annually every year.

Nifty IT Index

This index consists of sector specific companies

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HCL Tech falls over 8% after muted outlook

The Nifty IT Index shed 2.13% on Tuesday. Out of the 10 stocks in the IT Index, 8 declined and 2 advanced. LTI Mindtree tumbled 4.36% while L&T Technology Services and Persistent Systems fell 2.8% and 1.6%, respectively.

Indices in green after 4 days, IT caps gains

Gains in both indices were capped by weakness in information technology and consumer goods stocks. HCL Technologies tumbled 8.6%, leading IT stocks lower after weaker-than-anticipated December quarter earnings.

Market Trading Guide: Maruti Suzuki, SBI Life are among 4 stock recommendations for Wednesday - Stock Ideas

Indian frontline indices broke their four-session losing streak after banks and auto stocks chipped in to be counted following massive selling pressure in IT stocks. The mood was upbeat also because the December CPI inflation eased to its four-month low of 5.22%. While the S&P BSE Sensex settled at 76,499.63, gaining by 169.62 points or 0.22%, the broader Nifty closed at 23,176.05, higher by 90.10 points or 0.39%.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities called the day’s trade as choppy as he decoded the Nifty chart highlighting the formation of a bullish Harami Cross pattern. “A bullish Harami pattern, especially after a significant correction, often signals a potential short-term recovery. The Nifty appears positive for the short term as long as it remains above 23,135. On the upside, it could move towards 23,400, and a decisive move above 23,400 may lead to higher levels,” De said. Stock Ideas

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Nippon India ETF Nifty IT

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Mirae Asset Nifty IT ETF

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HCL Tech falls over 8% after muted outlook

Indices in green after 4 days, IT caps gains

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