Nifty IT Prediction for Tomorrow, 22 July 2026: Index Falls 0.61 Percent to 28,984.40 as Infosys Leads Nifty 50 Losers
- July 21, 2026
- Posted by: Ankit Jaiswal
- Category: News
Nifty IT prediction for tomorrow 22 July 2026: index at 28,984.40, down 0.61 percent on Tuesday, underperforming the broader market. Support 28,930. Resistance 29,325.
Nifty it prediction for tomorrow: Nifty IT closed at 28,984.40 on Tuesday, down 177.45 points or 0.61 percent, underperforming the broader market as Infosys was named among Nifty 50’s top losers alongside HDFC Bank, extending both stocks’ own recent weakness into a second consecutive session. This nifty it prediction for tomorrow is built on Friday, 10 July 2026’s closing data, the last completed session before markets reopen on Monday, 13 July 2026.
Ankit Jaiswal, Senior Research Analyst at Univest, notes that the Nifty IT prediction for tomorrow now reflects a genuinely deepening pullback rather than routine consolidation, since Infosys’s second straight sharp decline, alongside TCS’s own continued weakness, suggests Monday’s modest profit booking has extended into something more meaningful.
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Market Recap Behind the Nifty it prediction for tomorrow
The index opened at 29,075.25, touched a high of 29,415.25 early before sliding to a low of 28,930.55 and closing at 28,984.40. Infosys fell 1.25 percent to Rs 1,073.50, its second straight sharp decline, while TCS dropped a further 1.33 percent to Rs 2,221.10, both extending Monday’s own modest pullbacks into deeper, more concerning two-session slides.
Nifty it prediction for tomorrow: Trend and Key Levels
Trend: Bearish Below 29,325
| Level Type | Value |
|---|---|
| Support 1 | 28,930 |
| Support 2 | 28,700 |
| Resistance 1 | 29,325 |
| Resistance 2 | 29,480 |
Ankit Jaiswal flags 28,930 as the key support, with 29,325 as the near-term hurdle, matching Tuesday’s open. A close above 29,480 would suggest the sector is finally stabilising, while a break under 28,700 would confirm the two-session pullback has genuine momentum.
From Routine Consolidation to a Genuine Two-Session Pullback
Ankit Jaiswal notes this shift as the key theme in the Nifty IT prediction for tomorrow: Monday’s modest pullback in TCS and Infosys looked like routine profit booking after their own strong prior sessions, but Tuesday’s continued sharp declines, with Infosys specifically named among Nifty 50’s biggest losers, suggest the sector’s own post-results conviction may be fading more meaningfully than initially thought.
Key Triggers in the Nifty it prediction for tomorrow
These triggers dominate the outlook heading into Monday, 13 July 2026:
- Whether the decline extends into a third session: Would confirm this is a genuine trend reversal rather than temporary consolidation.
- HCL Technologies’ own performance: Worth tracking for whether the weakness is spreading across the sector or remains concentrated in TCS and Infosys.
- Broader Q1 FY27 earnings season: Any fresh disappointments would compound the sector’s current two-session pullback.
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Stocks to Watch in the IT Sector
Key IT constituents worth tracking alongside the broader sector outlook.
Infosys: Infosys fell 1.25 percent to Rs 1,073.50, its second straight sharp decline and among Nifty 50’s top losers.
TCS: TCS dropped 1.33 percent to Rs 2,221.10, extending Monday’s own pullback.
Risks to the Nifty it prediction for tomorrow
These factors can invalidate this outlook:
- A third straight session of declines: Would confirm this is a genuine sector-wide reassessment rather than temporary consolidation.
- Renewed Houthi-driven risk aversion: A broad market selloff would compound the sector’s own current weakness.
- Weak upcoming results: Any disappointment from remaining IT names still to report would deepen the current pullback.
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Conclusion
The Nifty IT prediction for tomorrow, 22 July 2026, is bearish below 29,325, after the sector’s modest Monday pullback deepened into a more genuine two-session decline on Tuesday, with Infosys among Nifty 50’s biggest losers. Ankit Jaiswal flags 28,930 as the key support in the Nifty IT prediction for tomorrow, with a third straight session of weakness the key signal to watch heading into Wednesday.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on the Nifty it prediction for tomorrow
What is the Nifty IT prediction for tomorrow, 22 July 2026?
Ans. The Nifty IT prediction for tomorrow, 22 July 2026, is bearish below 29,325. The index closed at 28,984.40 on Tuesday, down 0.61 percent, as Infosys was named among Nifty 50’s biggest losers for a second straight day.
Which analyst gave the Nifty IT prediction for tomorrow?
Ans. Ankit Jaiswal, Senior Research Analyst at Univest, has shared the Nifty IT prediction for tomorrow, flagging 28,930 as the key support level.
Is this IT sector weakness more serious than Monday’s pullback?
Ans. It appears so; the Nifty IT prediction for tomorrow notes that both TCS and Infosys extended their declines into a second straight session on Tuesday, with Infosys specifically named among Nifty 50’s top losers, suggesting the sector’s post-results conviction may be fading more meaningfully than Monday’s move alone suggested.
What would confirm whether this is a genuine trend reversal?
Ans. The Nifty IT prediction for tomorrow notes that a third straight session of declines on Wednesday would confirm this is a genuine sector-wide reassessment rather than temporary post-rally consolidation.
