Nifty IT Today: Index Falls 1.25% to 31,102.90

Nifty IT today ended lower on 2 September 2026, with the index closing at 31,102.90, down 393.80 points or 1.25% from its previous close of 31,496.70. The end-of-session reading placed the technology index as the second top losing sector index among the configured sector indices tracked for the day.

Quick sector takeaways

• Nifty IT closed at 31,102.90, declining 393.80 points, or 1.25%, from 31,496.70.
• The index traded between 30,668.10 and 31,241.15 during the session, finishing above its intraday low but below its opening level of 31,164.30.
• All nine display-safe IT stocks declined on the day: Wipro Ltd. and L&T Technology Services Ltd. were the steepest fallers in the available stock set.
• Next-session attention can remain on whether the index holds above its session low zone and whether the broad decline across IT names eases.

Nifty IT today: end-of-session sector wrap

The nifty it today move was decisively negative at the close. The index began at 31,164.30, rose to an intraday high of 31,241.15, and later slipped to 30,668.10 before ending at 31,102.90. This meant the index closed 61.40 points below its opening level and 393.80 points below the previous close.

The closing level also showed a recovery of 434.80 points from the day’s low. That is an intraday observation rather than an indication of a directional reversal. The broader reading remained weak because the index finished in negative territory and every display-safe stock in the available Nifty IT set recorded a decline.

For readers tracking the sector alongside the broader market, Univest Market View provides the relevant market dashboard for the session.

Price snapshot

The index’s intraday range was 573.05 points, calculated from the difference between the day high and day low. The close was 138.25 points below the high and 434.80 points above the low. These figures describe the day’s trading range and closing position without assigning a cause to the move.

Sector ranking

Nifty IT was the second top losing sector index among the configured sector indices on 2 September 2026. Its 1.25% decline was exceeded only by Nifty Auto, which fell 1.79%. Other configured indices posted smaller declines, including Nifty Mid Select at 1.01%, Nifty Financial Services at 0.73%, Nifty FMCG at 0.47%, Nifty Bank at 0.41%, Nifty Metal at 0.25%, and Nifty Pharma at 0.04%.

This ranking puts the IT index near the weaker end of the sector performance list for the session. The comparison is based on the reported percentage changes of the configured sector indices and does not indicate the outlook for subsequent sessions.

Constituent breadth

Breadth was uniformly negative among the nine display-safe Nifty IT stocks available for review. There were no advancers, nine decliners and no unchanged stocks. This broad participation in the decline aligned with the index’s 1.25% fall.

The breadth reading is useful because it shows that weakness was not limited to a single named stock in the displayed group. Wipro Ltd., L&T Technology Services Ltd., HCL Technologies Ltd., Infosys Ltd., Coforge Ltd., Mphasis Ltd., Tech Mahindra Ltd., Tata Consultancy Services Ltd. and LTIMindtree Ltd. all ended lower.

Heavyweights versus broader participation

The supplied heavyweight set was also negative. Coforge Ltd. declined 1.17%, HCL Technologies Ltd. fell 1.47%, Infosys Ltd. lost 1.38%, L&T Technology Services Ltd. dropped 2.31%, and LTIMindtree Ltd. slipped 0.80%. Their simultaneous declines were consistent with the pressure visible in the sector index.

The supplied active-stock set included Coforge Ltd., HCL Technologies Ltd., Infosys Ltd., L&T Technology Services Ltd. and LTIMindtree Ltd. Each of these stocks closed lower. The available data therefore showed weakness in both the heavyweight and active-stock views, alongside the negative overall breadth.

Key Nifty IT stocks

Biggest negative movers

Wipro Ltd. was the biggest negative mover in the available Nifty IT list, declining 2.54% to ₹177.09 from ₹181.70. Its intraday range was ₹176.80 to ₹180.39, with the close near the lower end of that range.

L&T Technology Services Ltd. followed with a 2.31% decline to ₹3,505.00 from ₹3,587.80. The stock opened at, and recorded a high of, ₹3,589.00 before touching ₹3,490.30 during the day. HCL Technologies Ltd. and Infosys Ltd. were the next two notable losers, down 1.47% and 1.38%, respectively.

Stocks to watch next session

• Wipro Ltd.: Monitor its movement after a 2.54% decline and a close of ₹177.09.
• L&T Technology Services Ltd.: Watch its price action following a 2.31% fall to ₹3,505.00.
• HCL Technologies Ltd.: It closed at ₹1,331.50 after declining 1.47%.
• Infosys Ltd.: It ended at ₹1,140.00, down 1.38%, after trading between ₹1,118.60 and ₹1,147.80.
• Tata Consultancy Services Ltd.: It finished at ₹2,348.00, down 0.89%, following an intraday low of ₹2,303.50.
• LTIMindtree Ltd.: It closed at ₹4,588.00, down 0.80%, above its opening price of ₹4,587.20.

The constructive case

The most constructive evidence from the session was the index’s rebound from its intraday low of 30,668.10 to its closing level of 31,102.90. The close was also only 61.40 points below the opening level, despite the larger gap from the previous close. At the stock level, Infosys Ltd., Tata Consultancy Services Ltd. and LTIMindtree Ltd. each closed marginally above their respective opening prices, even though all three remained lower versus the previous close.

These are limited, session-specific observations. They show that the index and selected stocks did not end at their lows, while the day’s headline change and breadth remained negative.

The cautious case

The cautious case is defined by the 1.25% index decline, the close below the previous close and the all-negative breadth across the nine display-safe stocks. The sector also ranked as the second top losing configured sector index, reinforcing the weak relative position for the day.

Several notable displayed stocks fell by more than 1%, including Wipro Ltd., L&T Technology Services Ltd., HCL Technologies Ltd., Infosys Ltd., Coforge Ltd. and Mphasis Ltd. The next session’s price action can indicate whether this broad-based negative close persists or moderates.

Univest Insights

The closing picture for nifty it today was one of sector-wide pressure rather than isolated weakness. The index fell 393.80 points to 31,102.90, while all nine display-safe stocks in the available group ended lower. That combination makes breadth central to interpreting the session.

The index’s intraday range was wide enough to show meaningful movement between 30,668.10 and 31,241.15. Its recovery from the low improved the closing position within that range, but did not erase the decline from the previous close of 31,496.70.

Among the listed names, Wipro Ltd. and L&T Technology Services Ltd. led the declines, while HCL Technologies Ltd., Infosys Ltd. and Coforge Ltd. also recorded losses exceeding 1%. The supplied heavyweight and active-stock views were similarly negative, supporting the broad pressure evident at the index level.

For traders and investors, the key signal to watch is…

Published on 2 September 2026 at 4:20 PM IST

Frequently asked questions

What was Nifty IT today?

Nifty IT closed at 31,102.90 on 2 September 2026, down 393.80 points or 1.25% from 31,496.70.

What was the Nifty IT intraday high and low?

The index recorded a day high of 31,241.15 and a day low of 30,668.10.

Where did Nifty IT open?

Nifty IT opened at 31,164.30 and closed at 31,102.90.

How was Nifty IT breadth on 2 September 2026?

Among nine display-safe stocks, there were no advancers, nine decliners and no unchanged stocks.

Which stocks were the biggest Nifty IT losers?

Wipro Ltd. fell 2.54%, L&T Technology Services Ltd. declined 2.31%, HCL Technologies Ltd. lost 1.47%, and Infosys Ltd. dropped 1.38%.

How did Nifty IT rank among configured sector indices?

Nifty IT was the second top losing sector index among the configured sector indices for the session.

Data timestamp: 2 September 2026 at 4:15:00 PM IST.