The IT sector is on the cusp of a major transition, which could be painful. Investors should stay away from the sector for some quarters to see how the sector evolves, said Karan Aggarwal, co-founder and CIO of Ametra PMS- a quant-based PMS and portfolio manager- in an interview with Mint. “We would advise investors…
The bloodbath in IT stocks showed signs of easing as the gauge tracking Indian tech companies extended gains on Tuesday, February 17, amid low-level buying. Several bullish investors are now using the recent tech rout — which wiped out ₹4.85 lakh crore in market capitalization of Nifty IT firms since Anthropic’s February 3 announcement —…
IT stocks: Shares of IT stocks including Infosys, Tata Consultancy Services (TCS), Wipro, and other technology stocks slid again on Monday, February 16, marking the fourth straight session of losses for the sector as concerns over artificial intelligence-led disruption continued to weigh on investor sentiment. The Nifty IT index slipped 1.1% in intraday trade. Over…
IT stocks surged on Tuesday amid a broader rally in the Indian stock market today after US President Donald Trump announced that India and the United States have reached a trade agreement. As part of the deal, reciprocal tariffs on Indian goods will be reduced to 18%, a sharp cut from the earlier proposed 50%,…
The IT index underperformed the benchmark Nifty 50 significantly in 2025. While the benchmark index rose 10.51%, the Nifty IT index dropped 12.6% last year. Most major IT companies, including TCS, HCL Tech, and Infosys, suffered losses in double digits in 2025. However, after the recent correction, several experts have started spotting value emerging in…
