Nifty IT Today: Index Ends 0.47% Lower at 30,695.15

Quick sector takeaways

• Nifty IT ended 143.70 points, or 0.47%, lower at 30,695.15 on 4 September 2026.
• The index closed below its previous close of 30,838.85 after trading between 30,656.70 and 31,263.20 during the session.
• Market breadth was tilted towards declines: seven of the nine displayed stocks fell, while two advanced and none were unchanged.
• Mphasis, HCL Technologies and Tata Consultancy Services were among the key laggards, while Wipro and Coforge finished in positive territory. The next-session watch is whether the index and broader stock breadth improve together.

Nifty IT today reflected an end-of-session decline across much of the displayed technology basket. The index opened at 30,956.15, moved to an intraday high of 31,263.20 and then retreated to close at 30,695.15. That closing level was 143.70 points below the previous close of 30,838.85.

Nifty IT today: end-of-session wrap

Nifty IT finished lower by 0.47% on Thursday, 4 September 2026, placing it among the weaker configured sector indices for the day. The move was measured but broad within the displayed basket, with declining stocks clearly outnumbering gainers.

The index’s close was only 38.45 points above its day low of 30,656.70, while it stood 568.05 points below the day high of 31,263.20. This places the closing reading towards the lower end of the day’s range. The intraday range itself was 606.50 points, illustrating that the sector saw movement in both directions before ending in the red.

For readers tracking the sector page, the closing figures were updated at 4:15:00 PM IST. The index’s decline does not describe every technology stock uniformly: two displayed names closed higher, but their gains were not enough to offset the broader set of declines.

Price snapshot

The session began at 30,956.15, above the previous close, and the index subsequently reached 31,263.20. It later moved lower and settled below both the previous close and its opening level. These price points provide the clearest summary of the day’s path: an early higher range followed by a softer finish.

Sector ranking

Nifty IT was the second top losing sector index among the configured sector indices on 4 September. Its 0.47% decline was exceeded by Nifty Pharma, which fell 0.68%. Nifty Auto declined 0.45%, Nifty Mid Select lost 0.31%, Nifty FMCG fell 0.14% and Nifty Bank eased 0.02%.

At the other end of the configured sector list, Nifty Metal advanced 1.07% and Nifty Financial Services gained 0.49%. This ranking puts the Nifty IT close in context: it was not the largest percentage fall of the session, but it was among the two weakest sectoral readings in the configured group.

Constituent breadth

Breadth within the displayed Nifty IT stocks favoured the declining side. Seven of nine displayed stocks closed lower, while two advanced and none were unchanged. The advance-decline ratio was 0.29, meaning the number of advancing displayed stocks was notably lower than the number of declining stocks.

This breadth profile aligns with the index’s negative close. Mphasis, HCL Technologies, Tata Consultancy Services, L&T Technology Services, LTIMindtree, Tech Mahindra and Infosys were lower. Wipro and Coforge were the two displayed gainers. The distribution shows that the sector’s pressure was spread across several names rather than being confined to one stock.

Heavyweights versus broader participation

Among the supplied heavyweight stocks, HCL Technologies fell 1.94% to Rs 1,293.40, while Infosys eased 0.03% to Rs 1,130.00. L&T Technology Services declined 0.23% to Rs 3,493.30 and LTIMindtree slipped 0.13% to Rs 4,554.00. Coforge was the exception in this group, edging up 0.05% to Rs 1,972.80.

The supplied most-active stock group included Coforge, HCL Technologies, Infosys, L&T Technology Services and LTIMindtree. Within that set, four stocks ended lower and Coforge ended marginally higher. The closing readings therefore showed a mixed but predominantly negative outcome across these named stocks.

Key Nifty IT stocks

Biggest positive movers

Wipro led the displayed gainers, rising Rs 0.68, or 0.39%, to Rs 176.40. Its closing price matched its day low of Rs 176.40, after the stock traded up to Rs 178.75. Coforge added Rs 1.00, or 0.05%, to close at Rs 1,972.80. Coforge traded between Rs 1,962.40 and Rs 1,992.90 during the day.

These gains provided positive pockets within the sector, though the number of advancing displayed stocks remained limited at two. Their performance should be viewed alongside the sector-level close, which remained negative for the day.

Biggest negative movers

Mphasis was the largest displayed loser, falling Rs 49.00, or 1.98%, to Rs 2,422.00. The stock traded between Rs 2,417.30 and Rs 2,502.70. HCL Technologies followed with a Rs 25.60 decline, or 1.94%, to Rs 1,293.40, near its day low of Rs 1,291.20.

Tata Consultancy Services declined Rs 16.10, or 0.69%, to Rs 2,304.00. L&T Technology Services fell Rs 7.90, or 0.23%, and LTIMindtree lost Rs 6.00, or 0.13%. These moves contributed to the negative breadth visible across the displayed Nifty IT basket.

Stocks to watch next session

• Mphasis: closed at Rs 2,422.00 after a 1.98% decline.
• HCL Technologies: ended at Rs 1,293.40, down 1.94%.
• Tata Consultancy Services: settled at Rs 2,304.00, down 0.69%.
• Wipro: closed at Rs 176.40, up 0.39%.
• Coforge: ended at Rs 1,972.80, up 0.05%.
• Infosys: finished at Rs 1,130.00, down 0.03%.

The constructive case

The constructive evidence from the session is that Nifty IT did see an intraday move to 31,263.20, which was above both its opening level and previous close. In the displayed stock set, Wipro and Coforge also finished higher. Wipro’s 0.39% gain was the strongest percentage advance among the named stocks.

The sector also did not close at its day low. Nifty IT ended 38.45 points above 30,656.70, its intraday low. That is a price observation rather than a directional forecast, but it distinguishes the close from a finish exactly at the lowest level of the day.

The cautious case

The cautious case rests on the closing direction, intraday position and breadth. Nifty IT ended below its previous close by 0.47% and near the lower end of its daily range. Seven of the nine displayed stocks declined, compared with two gainers.

The largest displayed declines were concentrated in Mphasis and HCL Technologies, while Tata Consultancy Services also ended lower. Investors tracking the sector may therefore focus on whether the next session brings a narrower gap between advancers and decliners, alongside the index’s position relative to its latest close.

Univest Insights

Nifty IT today closed as the second top losing sector index in the configured sector group, with a 0.47% fall. The day’s numbers show a sector that moved higher early in the session but ended below its previous close.

The breadth reading adds useful detail to the headline index move. Seven declines among nine displayed stocks indicate that weakness was widespread across the named basket, even as Wipro and Coforge delivered modest gains.

The next session’s read-through can come from the interaction of index direction and stock-level participation. A higher index reading alongside broader advances would differ from a recovery led by only a small number of names. Readers can follow the wider market dashboard through Univest Market View.

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

Published on 4 September 2026 at 4:20 PM IST

Frequently asked questions

What was Nifty IT today?

Nifty IT closed at 30,695.15 on 4 September 2026, down 143.70 points or 0.47% from its previous close of 30,838.85.

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

The index recorded a day high of 31,263.20 and a day low of 30,656.70.

Why was Nifty IT among the weaker sector indices?

Nifty IT fell 0.47%, making it the second top losing sector index among the configured sector indices for the session.

How was Nifty IT breadth on 4 September 2026?

Of nine displayed stocks, two advanced, seven declined and none were unchanged.

Which stocks gained in the displayed Nifty IT basket?

Wipro gained 0.39% and Coforge rose 0.05%.

Which stocks were the biggest displayed losers?

Mphasis fell 1.98%, HCL Technologies declined 1.94% and Tata Consultancy Services lost 0.69%.