Nifty IT Today: Index Holds Near Flat at 32,415 in Early Trade

Quick sector takeaways

• Nifty IT traded at 32,415.55 in the early session on 22 October 2026, down 6.95 points or 0.02% from its previous close of 32,422.50.
• The index moved between 32,232.50 and 32,569.30, showing a 336.80-point intraday range by 10:00 AM IST.
• Breadth was slightly tilted lower, with four stocks advancing and five declining. Coforge and Wipro led the gainers, while L&T Technology Services saw the sharpest decline.
• For nifty it today, the next session’s watchpoints are the index’s ability to hold near 32,415.55 and whether participation improves from the current 4:5 advance-decline split.

Nifty IT today: early-session update

Nifty IT today was nearly unchanged in early trade, slipping 0.02% to 32,415.55 as of 10:00 AM IST. Although the index was marginally below its previous close of 32,422.50, it stood above its opening level of 32,379.70. The early movement therefore reflected a mixed start rather than a broad directional move across IT stocks.

The index’s narrow percentage change concealed notable stock-level variation. Gains in Coforge, Wipro, Infosys and LTIMindtree contrasted with declines in L&T Technology Services, HCL Technologies, Mphasis, TCS and Tech Mahindra. This split kept the index close to flat even as individual prices moved more visibly.

Price snapshot

Nifty IT opened at 32,379.70, rose as high as 32,569.30 and fell to a session low of 32,232.50 before standing at 32,415.55. The latest level was 6.95 points below the previous close of 32,422.50. From the day’s low, the index had recovered 183.05 points, while it remained 153.75 points below the intraday high.

That range places the current reading in the middle of the morning’s trading band. The early session has therefore shown both buying and selling interest, with neither side establishing a decisive advantage at the index level.

Sector ranking

Nifty IT ranked as the strongest among India’s NSE sector indices tracked in this comparison, despite its marginal 0.02% decline. It earned the top position because every other listed index was lower by a greater percentage during the session. The ranking from strongest to steepest fall was: Nifty IT, down 0.02%; Nifty Bank, down 0.57%; Nifty Pharma, down 0.69%; Nifty Financial Services, down 0.77%; Nifty Mid Select, down 1.11%; Nifty Auto, down 1.26%; Nifty FMCG, down 1.38%; and Nifty Metal, down 1.57%.

This relative position highlights IT’s comparative steadiness in the opening phase. It does not change the fact that the index was marginally below the previous close, but it does show that the sector held up better than each of the other indices in the comparison.

Constituent breadth

Among Nifty IT stocks, four advanced, five declined and none were unchanged. The advance-decline ratio stood at 0.80, indicating that decliners held a modest numerical edge. Breadth was therefore mildly cautious, even though the index itself remained close to flat.

Coforge gained 1.44% and Wipro rose 1.12%, providing the strongest positive moves. Infosys added 0.29% and LTIMindtree gained 0.23%. On the other side, L&T Technology Services declined 3.55%, followed by HCL Technologies at 0.73% and Mphasis at 0.49%.

Heavyweights versus broader participation

The named heavyweight group showed a mixed pattern. Coforge advanced 1.44% to ₹1,979.00, Infosys rose 0.29% to ₹1,171.40 and LTIMindtree added 0.23% to ₹4,308.00. HCL Technologies fell 0.73% to ₹1,413.80, while L&T Technology Services declined 3.55% to ₹3,854.40.

The closely tracked set of Coforge, HCL Technologies, Infosys, L&T Technology Services and LTIMindtree similarly reflected two-way movement. This divergence explains why the sector index stayed near its previous close despite several individual stocks posting moves of more than 1%.

Key Nifty IT stocks

Biggest positive movers

Coforge led the positive side, rising ₹28.00 to ₹1,979.00 after trading between ₹1,952.00 and ₹1,986.60. Wipro added ₹2.11 to ₹191.28 and reached an intraday high of ₹192.88. Infosys gained ₹3.40 to ₹1,171.40, while LTIMindtree rose ₹10.00 to ₹4,308.00. These advances provided a counterweight to the declines elsewhere in the sector.

Biggest negative movers

L&T Technology Services was the biggest negative mover, falling ₹141.90 to ₹3,854.40 after moving between ₹3,841.00 and ₹4,050.00. HCL Technologies declined ₹10.40 to ₹1,413.80, Mphasis fell ₹12.50 to ₹2,562.50, and TCS and Tech Mahindra each declined 0.34%. The scale of the LTTS move was notably larger than the other declines.

Stocks to watch next session

• Coforge: Watch whether it can extend its 1.44% advance from ₹1,979.00.
• Wipro: Its 1.12% gain and ₹192.88 intraday high make it a relevant follow-through candidate.
• Infosys: The stock closed the early session phase positive at ₹1,171.40.
• L&T Technology Services: Its 3.55% decline and ₹3,841.00 day low place it firmly in focus.
• HCL Technologies: Track whether the stock moves away from its early low of ₹1,412.00.
• TCS: Its position at ₹2,520.50 after a modest decline remains relevant to sector direction.

The constructive case

The constructive evidence is relative and specific. Nifty IT was the strongest index in the session-wide comparison, declining only 0.02% while all other listed sector indices fell more. It also traded above its opening level by 10:00 AM IST and recovered from the day’s low. Positive moves in Coforge, Wipro, Infosys and LTIMindtree demonstrate that buying interest remained present within parts of the sector.

The cautious case

The cautious case comes from breadth and stock-level dispersion. Decliners outnumbered advancers by five to four, and L&T Technology Services fell 3.55%. HCL Technologies, Mphasis, TCS and Tech Mahindra also traded lower. A near-flat index alongside a negative breadth reading calls for attention to whether gains broaden in the next session.

Univest Insights

Nifty IT’s early-session position is best read as relative resilience rather than outright strength. The index was the least weak among the compared sector indices, but its own movement remained marginally negative versus the previous close.

The wide gap between the 1.44% gain in Coforge and the 3.55% fall in L&T Technology Services captures the session’s mixed character. Such dispersion can keep the index steady while creating distinctly different outcomes across individual IT stocks.

Investors following nifty it today can use the sector screener alongside Univest Market View to track how this balance develops through the trading day. The practical focus is whether positive moves in select names translate into stronger participation across the sector.

In the next session, watch Nifty IT at 32,415.55 and whether the breadth reading improves from four advancers against five decliners.

Published on 22 October 2026 at 10:00 AM IST

Frequently asked questions

What is Nifty IT today?

Nifty IT stood at 32,415.55 at 10:00 AM IST on 22 October 2026, down 0.02% or 6.95 points.

What was Nifty IT’s previous close?

The previous close was 32,422.50.

What was the intraday range for Nifty IT?

The index traded between 32,232.50 and 32,569.30 in the early session.

Which Nifty IT stock gained the most?

Coforge was the top gainer among the named stocks, rising 1.44% to ₹1,979.00.

Which Nifty IT stock declined the most?

L&T Technology Services was the biggest decliner, down 3.55% to ₹3,854.40.

How was Nifty IT breadth today?

Four stocks advanced and five declined, producing an advance-decline ratio of 0.80.