{"id":229160,"date":"2026-09-03T11:48:08","date_gmt":"2026-09-03T06:18:08","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=229160"},"modified":"2026-09-03T11:48:13","modified_gmt":"2026-09-03T06:18:13","slug":"nifty-it-index-down-1-percent-tech-mahindra-coforge-2026-09-03","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nifty-it-index-down-1-percent-tech-mahindra-coforge-2026-09-03\/","title":{"rendered":"Nifty IT Index Falls 1 Percent as Tech Mahindra, Coforge and Persistent Systems Lead Losses"},"content":{"rendered":"
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Nifty IT index down 1% intraday. Tech Mahindra -1.48% to Rs 1,599. Coforge -1.42%. Persistent Systems -1.4%. HCL Tech -1.1%. Infosys -1.04%.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Nifty IT index fell 1 percent in intraday trade on 3 September 2026, with nearly every major constituent trading lower. Tech Mahindra led the decline, falling 1.48 percent to Rs 1,599, followed by Coforge, down 1.42 percent to Rs 1,937.80, and Persistent Systems, down 1.4 percent to Rs 5,610.50. Other constituents including HCL Tech, LTIMindtree, Infosys, Mphasis, TCS, Oracle Financial Services and Wipro also traded in the red, with losses ranging from 0.01 percent to 1.1 percent.<\/p>\n<\/div>\n

The Nifty IT index declined 1 percent in intraday trade on 3 September 2026, extending a period of relative underperformance for technology stocks. Tech Mahindra was the top loser, falling 1.48 percent to Rs 1,599.<\/p>\n

The weakness was broad-based, with Coforge and Persistent Systems both posting losses of over 1.4 percent, while large-cap names including HCL Tech, Infosys and TCS also traded lower through the session.<\/p>\n

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