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's objective is to provide returns before expenses that closely correspond to the total returns of the NIFTY IT - TRI subject to tracking errors

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's objective is to provide returns before expenses that closely correspond to the total returns of the NIFTY IT - TRI subject to tracking errors

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

Sectoral

Low Risk

Index

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Outcome of Board Meeting

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NiftyIT index outperforms Nifty over 1-year, IT sector show mixed results in latest quarter - IT Performance

The NiftyIT index has outperformed the benchmark Nifty index over the past year, with gains of 35% compared to Nifty’s 24%. With the companies in this index having recently released their results for the June quarter, ETMarkets analyzed some key data points. The data reveals that revenue growth for most IT companies, on both a yearly and sequential basis, is either in the single digits or negative. Profit growth has also been relatively modest, with only a few companies showing improvement on a quarter-over-quarter (QoQ) and year-over-year (YoY) basis. However, most of these companies have maintained double-digit profit margins. Despite these results showing some weakness on an annual basis, most companies have experienced price increases ranging from 25% to 100% over the past year. IT Performance

Stock Market Live Updates July 26, 2024: Sensex, Nifty trade firm on strong Q1 results; metal, IT stocks lead gains

Stock Market today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for July 26, 2024. Indian equity benchmarks Sensex and Nifty trade firm after opening on a flat note on Friday, with analysts expecting earnings-led stock-specific reactions to guide the intraday trajectory. At 12:47 p.m., the Sensex gained 923.74 points to trade at 80,963.54, while the Nifty rose 313.25 points to trade at 24,719.35. “We expect the market to continue seeing incremental moves on Friday with stock-specific action guiding the trajectory given the earnings season is in full swing,” said Siddhartha Khemka, head of retail research, Motilal Oswal Financial Services. Tech Mahindra will be in focus after the information technology firm beat its estimates for June-quarter revenue. The company said it expects a “better fiscal year 2025, compared with the previous one.”

Tech Mahindra Lags Nifty IT Record Jump As Brokerages See Near-Term Pain

Tech Mahindra was the only Nifty ITY constituent trading lower as the stock fell as much as 5.6% during the day to Rs 1,444.25 apiece on the NSE.

Nifty IT Index

Nippon India ETF Nifty IT

ICICI Prudential Nifty IT ETF

Mirae Asset Nifty IT ETF

Nifty IT Index

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Nippon India ETF Nifty IT

ICICI Prudential Nifty IT ETF

Mirae Asset Nifty IT ETF

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NiftyIT index outperforms Nifty over 1-year, IT sector show mixed results in latest quarter - IT Performance

Stock Market Live Updates July 26, 2024: Sensex, Nifty trade firm on strong Q1 results; metal, IT stocks lead gains

Tech Mahindra Lags Nifty IT Record Jump As Brokerages See Near-Term Pain

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