Nifty IT Today: Index Falls 1.54% as Selling Broadens

Quick sector takeaways

• Nifty IT ended 1.54% lower, down 490.60 points at 31,332.55 versus its previous close of 31,823.15.
• The index traded between 30,997.90 and 31,822.65 during the session, closing above the day’s low but below the opening level of 31,813.60.
• Breadth was weak: seven of nine display-safe stocks declined, one advanced and one was unchanged. Tata Consultancy Services, L&T Technology Services and LTIMindtree were among the sharper fallers.
• For the next session, watch whether the index holds above its session low and whether the few relatively resilient names can broaden participation.

Closing Bell, 12 August 2026:nifty it today reflected broad end-of-session pressure across the technology pack. The sector index was the weakest performer among the configured sector indices, with losses extending across several prominent IT stocks. Prices are as recorded at 4:15 PM IST.

Nifty IT today: a weak end-of-session wrap

Nifty IT closed at 31,332.55, a decline of 490.60 points or 1.54% from 31,823.15. The index began at 31,813.60, close to the previous close, and reached an intraday high of 31,822.65. It then moved lower to an intraday low of 30,997.90 before recovering part of the distance by the close.

The close remained 334.65 points above the day’s low, which shows that the index moved away from the weakest intraday reading. At the same time, it was 490.10 points below the day’s high, underlining the extent of the day’s downward move. This was an index-level price observation, with the session’s direction also supported by negative constituent breadth.

Price snapshot

The day’s range was 824.75 points between the high and low. The index’s closing value placed it below both the opening level and the previous close, while remaining above the intraday low.

Sector ranking

Nifty IT ranked as the top losing sector index among the configured sector indices on 12 August. Its 1.54% decline was steeper than the declines in Nifty FMCG, down 0.73%, Nifty Auto, down 0.32%, and Nifty Financial Services, down 0.02%. In contrast, Nifty Bank, Nifty Mid Select, Nifty Pharma and Nifty Metal ended higher.

This relative ranking places the IT index at the centre of the day’s sectoral weakness. The comparison is based on the configured sector-index set and the closing changes recorded for the session.

Constituent breadth

The breadth picture was distinctly negative among the nine display-safe Nifty IT stocks. Seven stocks declined, one advanced and one finished unchanged. The advance-decline ratio was 0.14, meaning there was one advancing stock for every seven declining stocks.

Tata Consultancy Services fell 3.93%, while L&T Technology Services declined 2.02% and LTIMindtree lost 1.81%. Mphasis was the sole gainer, rising 0.30%, while HCL Technologies ended unchanged. The distribution indicates that the weakness was spread across the available stock set rather than limited to a single falling name.

Heavyweights versus broader participation

Within the supplied heavyweight list, Coforge fell 0.96%, Infosys declined 1.23%, L&T Technology Services dropped 2.02% and LTIMindtree lost 1.81%. HCL Technologies was unchanged at 1,365.40. These moves aligned with the broader negative breadth and the index’s lower close.

The supplied most-active stock list also featured Coforge, HCL Technologies, Infosys, L&T Technology Services and LTIMindtree. Across these names, four ended lower and one was unchanged. Infosys closed at 1,176.10 after touching an intraday low of 1,163.30, while Coforge finished at 1,801.50 after a low of 1,780.40.

Key Nifty IT stocks

Biggest positive movers

Mphasis was the only positive mover in the supplied list, rising 7.60 points, or 0.30%, to 2,537.60 from 2,530.00. The stock traded between 2,472.00 and 2,540.10. Its positive close stood apart from the wider sector weakness, but one advancing stock did not alter the overall negative breadth reading.

Biggest negative movers

Tata Consultancy Services led the declines, falling 96.00 points or 3.93% to 2,349.70. Its intraday range extended from 2,300.10 to 2,445.80. L&T Technology Services was next, down 73.80 points or 2.02% to 3,578.90, followed by LTIMindtree, down 87.90 points or 1.81% to 4,762.10.

Infosys declined 14.60 points or 1.23% to 1,176.10, while Tech Mahindra fell 18.00 points or 1.10% to 1,625.00. Coforge and Wipro also ended lower, declining 0.96% and 0.36%, respectively.

Stocks to watch next session

• Tata Consultancy Services: Watch its movement after the day’s 3.93% fall and 2,300.10 intraday low.
• L&T Technology Services: Watch whether it moves away from its 3,557.70 session low after closing at 3,578.90.
• LTIMindtree: Watch its range following a close of 4,762.10 versus a day low of 4,691.00.
• Infosys: Watch its price action after a 1.23% decline to 1,176.10.
• Mphasis: Watch whether the day’s sole gainer extends its positive close of 2,537.60.
• HCL Technologies: Watch its movement after it closed unchanged at 1,365.40.

The constructive case

The constructive evidence within the session is limited but visible. Nifty IT closed 334.65 points above its intraday low, rather than at the day’s weakest level. Mphasis ended higher, and HCL Technologies held unchanged. These data points show that price action was not uniformly negative at every point in the session.

The index’s ability to recover from 30,997.90 to 31,332.55 by the close is also a measurable intraday development. For the constructive case to broaden, traders can monitor whether participation improves beyond the single advancing stock seen in this session.

The cautious case

The cautious case is defined by the index’s 1.54% fall, its position as the top losing configured sector index, and seven decliners among nine display-safe stocks. The close was below the opening level, previous close and day high. Several key stocks, including Tata Consultancy Services, L&T Technology Services, LTIMindtree and Infosys, finished lower.

The gap between the day high of 31,822.65 and the close of 31,332.55 also shows that the index did not revisit the session’s strongest zone by the end of trade. The next session’s breadth and the index’s position within its fresh intraday range will be important observations.

Univest Insights

The closing picture for nifty it today was clear: sector-level weakness was accompanied by a negative distribution of stock moves. The index fell more sharply than every other declining sector index in the configured comparison, making technology the most pressured segment of this set for the day.

The stock-level pattern matters because the decline was not isolated. Seven of the nine display-safe stocks ended lower, while the five names highlighted in the supplied most-active list included four decliners and one unchanged stock. That breadth context gives additional weight to the index move.

There were still pockets of relative resilience. Mphasis closed in positive territory and HCL Technologies was unchanged, while the index finished above its intraday low. Those observations should be assessed alongside, rather than against, the broader negative close.

For a wider market context, readers can follow Univest Market View. For traders and investors, the key signal to watch is whether Nifty IT can improve its breadth while holding away from the previous session’s intraday low.

Published on 12 August 2026 at 4:18 PM IST

Frequently asked questions

What happened to Nifty IT today?

Nifty IT closed at 31,332.55, down 490.60 points or 1.54% from its previous close of 31,823.15.

Why was Nifty IT the top losing sector index?

Its 1.54% decline was the largest fall among the configured sector indices for the session.

What were Nifty IT’s day high and day low?

The index recorded a day high of 31,822.65 and a day low of 30,997.90.

How was the breadth in Nifty IT?

Among nine display-safe stocks, one advanced, seven declined and one was unchanged.

Which stock gained in Nifty IT today?

Mphasis was the sole gainer in the supplied stock list, rising 0.30% to 2,537.60.

Which Nifty IT stock fell the most today?

Tata Consultancy Services was the biggest decliner in the supplied list, falling 3.93% to 2,349.70.