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

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

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

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

Sensex Today | Stock Market LIVE Updates: Indian benchmark equity indices opened higher for the fifth straight session on Thursday, supported by gains in index heavyweight Reliance Industries and IT stocks, as investors awaited the rate decision from RBI scheduled for Friday.

Sensex Today | Stock Market LIVE Updates: Sensex erases early gains, drops over 300 pts, Nifty below 24,400; HDFC Bank, NTPC top drags - The Economic Times

Sensex and Nifty news: Rallying for the fifth day running, the 30-share BSE benchmark Sensex climbed 242.54 points to 81,198.87 in early trade. The NSE Nifty went up by 72.5 points to 24,539.95.

Stock Market Today: Markets climb in early trade on buying in IT stocks, foreign fund inflows

Indian equity indices extended their rally for the fifth straight day, boosted by Reliance Industries and IT stocks. Investors awaited the RBI’s rate decision, causing interest-sensitive sectors like financial services and realty to open lower.

RIL, IT stocks drive Sensex over 200 pts higher ahead of MPC outcome, Nifty above 24,500

The Nifty IT index closed 0.44 per cent at 43949.25.

Stock market update: Nifty IT index 0.44%

Stock Market News: Sensex and Nifty climb on Wednesday with HDFC Bank and IT stocks leading gains, fueled by foreign fund inflows.

Stock Market Today: Sensex reclaims 81,000 level in early trade on buying in HDFC Bank, IT stocks

Chief Minister N. Chandrababu Naidu to tour Visakhapatnam on December 5-6 for IT industry programme and review meeting.

CM Naidu likely to visit Vizag on December 5 and 6

White-collar hiring activity in Mumbai grew by 2 per cent in November compared to last year. Key sectors driving this growth include oil and gas, AI/ML, and FMCG. The IT sector remained stable. Cities in Rajasthan showed remarkable resilience, with Jaipur, Udaipur, and Kota leading the way. Bhubaneswar also saw a notable increase in hiring activity.

White collar hiring activity rises by 2 pc in November: Report

The Nifty IT index was trading 0.27 per cent at 43662.80.

Stock market update: Nifty IT index 0.27% in an upbeat market

The Nifty IT index closed 0.93 per cent at 43547.00.

Stock market update: Nifty IT index 0.93%

The Nifty IT index was trading 0.47 per cent at 43349.80.

Stock market update: Nifty IT index 0.47% in a weak market

HCLTech’s 228% stock returns over five years, outperforming TCS (107%) and Infosys (167%), were not driven by earnings growth or margin expansion but by a significant valuation re-rating. While its earnings grew at 9% CAGR, similar to TCS but below Infosys’ 11%, and margins declined for all three, HCLTech’s margins remain lower at 18.2% versus TCS (24.5%) and Infosys (20.7%). Historically trading at a discount to peers, HCLTech now trades almost on par with Infosys and at a narrower discount to TCS. However, its lower margins and lack of a strong competitive moat raise concerns about sustaining these valuations. With no clear growth differentiation and the potential for margin pressures, HCLTech faces a high risk of underperformance relative to TCS and Infosys, especially in a challenging IT sector environment.

HCLTech: Why the Stock is Likely to Underperform TCS and Infosys From Here

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