IT Stocks Today See Profit Booking After Five-Day Rally; Infosys, TCS Fall Up to 3%

July 31, 2026
Posted by: Ankit Jaiswal
Category: News

IT stocks today under pressure as Infosys and TCS fall up to 3% on profit booking after a five-day rally, though the IT index is still up 16% for July, its biggest monthly gain in six years.

IT stocks today are under pressure as the sector sees profit booking after a five-day winning streak, with Infosys and TCS falling as much as 3% in today’s session even as broader AI-linked optimism around technology spending returns to the market.

Despite today’s pullback, the IT index remains up 16% for the month of July, putting it on course for its biggest monthly rise in six years. The profit-taking comes after a sustained run-up that had pushed several large-cap IT names to multi-month highs, prompting investors to lock in gains rather than signalling a change in the sector’s underlying trend.

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Table of Contents

IT stocks today: What Happened

Metric	Detail
Infosys, TCS	Fall up to 3% intraday
Trigger	Profit booking after a five-day rally
Nifty IT Index (July)	Up 16%, biggest monthly rise in six years
Broader Context	AI optimism returning to global technology markets

Why IT stocks today Are Seeing Profit Booking

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After a strong five-session rally that lifted the IT index sharply higher through July, some investors are booking profits on positions built at lower levels. This kind of pullback after a fast run-up is common and does not necessarily reflect a change in the sector’s fundamental outlook, particularly when the move follows renewed optimism around artificial intelligence-linked technology spending globally.

The scale of July’s rally, with the IT index up 16% and heading for its best month in six years, means a single day of profit booking still leaves the sector well ahead for the month. Investors watching large-cap IT names should weigh today’s move against that broader monthly trend rather than reacting to a single session in isolation.

What This Means for Investors

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A pullback in IT stocks today after a strong rally is a normal part of market cycles, and investors should assess whether the move reflects genuine profit booking or a shift in sentiment around technology spending before making fresh decisions. Company-specific guidance, deal wins and margin commentary from IT majors remain more reliable signals than a single day’s price action.

Conclusion

IT stocks today saw Infosys and TCS fall up to 3% as investors booked profits after a five-day rally, even as the IT index remains up 16% for July and on course for its best month in six years. Investors should track further sector commentary and consult a SEBI-registered financial advisor before making any investment decision.

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).

Frequently Asked Questions on It stocks today

Why are IT stocks today falling?

Ans. IT stocks today are seeing profit booking after a five-day rally, with Infosys and TCS falling up to 3% in today’s session.

How much has the IT index gained in July?

Ans. The Nifty IT index is up 16% for July, putting it on course for its biggest monthly rise in six years.

Does today’s fall signal a change in the IT sector trend?

Ans. A single day of profit booking after a sharp rally does not necessarily indicate a change in trend; it often reflects investors locking in gains after a fast run-up.

Which IT stocks fell the most today?

Ans. Infosys and TCS were among the stocks falling up to 3% in today’s session.

Should I buy IT stocks today on this dip?

Ans. Investment decisions should be based on company fundamentals and guidance rather than a single day’s move. Consult a SEBI-registered financial advisor before investing.

Where can I track IT stocks today live?

Ans. IT stocks today and the Nifty IT index can be tracked live on the Univest platform alongside SEBI-registered research.

IT Stocks Today

Author: Ankit Jaiswal

Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.