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

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

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

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

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

DSP 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

Experts say the hiring of fresh talent is a positive sign for the IT sector, which reduced or paused fresh intakes from campuses last year amid global economic uncertainties and to stabilise their workforces after aggressive hiring during the pandemic.

IT campus hiring to soar 25% this fiscal led by TCS, Infosys & Wipro

Hyderabad (Telangana) [India], October 8: NxtWave, India’s premier EdTech platform for upskilling students and preparing them for industry, has achieved a significant milestone with over 2,000 companies hiring its graduates. This achievement underscores NxtWave’s mission of transforming India’s youth into a highly skilled tech workforce by training them in advanced 4.0 technologies such as Artificial Intelligence, Machine Learning, Cybersecurity, Full-Stack Development, and Data Science.

Over 2000 Companies Hire NxtWave Learners, Addressing the Talent Gap in India’s Booming IT Industry

The Nifty IT index closed 0.47 per cent up at 42387.55.

Stock market update: Nifty IT index advances 0.47%

Technical charts suggest that heavyweights TCS and Infosys seem to be favourably placed, while Wipro could face some downward pressure. Check key levels here.

TCS, Infy, HCL Tech: Should you buy or sell IT stocks ahead of Q2 results?

Deven Choksey of DRChoksey FinServ remains optimistic about Tata Motors, citing growth in commercial vehicles, despite weak JLR sales. M&M shows strong booking trends with a promising delivery schedule. Concerns surround Ola Electric’s profitability and mounting complaints. Nykaa’s beauty segment exhibits robust growth, while the IT sector continues to show structural improvements.

Optimistic about Tata Motors, M&M, in no hurry to buy Ola Electric: Deven Choksey

The Nifty IT index was trading 0.53 per cent down at 41967.7.

Stock market update: Nifty IT index falls 0.53% in an upbeat market

Cyberabad Police and IT industry leaders collaborate to tackle traffic congestion in Hitec City and Financial District.

Staggered work shifts, road improvements among strategies discussed to ease traffic congestion in Cyberabad

The outperformance of metal stocks and the indices is well known. But it is worth noting the performance of a number of IT stocks. They have not suffered the kind of cuts other sectors and stocks have witnessed. This is interesting if you take into account the fact that the Q2 earning season will be kicked off by large-cap IT companies. Going by what their managements have been saying, don’t expect major positive surprises. So what explains this relatively strong outperformance? And does it present an opportunity for short-term tactical trades or investments?

Only if you have the ability to be tactical, contrarian & nimble-footed. 7 IT stocks with an upside potential of up to 34% in 1 year

The key equity benchmarks extended their losing streak for the sixth consecutive session on Monday, as concerns over FIIs outflows and global geopolitical tensions weighed on investor sentiment. The broader market took a significant beating, with midcap and smallcap indices underperforming sharply. The Q2 earnings season is also approaching, with IT majors set to report results this week. Meanwhile, the RBI’s monetary policy meeting began today, further dampening investor sentiment. The Nifty closed below the 24,800 level after hitting the days high of 25,143 in early trade. IT shares bucked the broader sell off. PSU banks, energy and metal shares tumbled.

Geopolitical worries, FII outflows wreck market, Nifty ends below 24,800

The Nifty IT index closed 0.66 per cent up at 42190.6.

Stock market update: Nifty IT index advances 0.66%

Sensex and Nifty50 fell for the sixth consecutive session on Monday. Middle East tensions and softer corporate earnings expectations affected investor sentiment. Sensex dropped by 638 points and Nifty declined by 218 points. Adani Ports, NTPC, SBI, and Power Grid were the top laggards, while IT sector saw gains led by LTIMindtree and Mphasis.

Market Wrap: Sensex, Nifty close lower for sixth session amid Middle East tensions

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