{"id":256677,"date":"2026-09-18T12:37:56","date_gmt":"2026-09-18T07:07:56","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=256677"},"modified":"2026-09-18T12:37:56","modified_gmt":"2026-09-18T07:07:56","slug":"nifty-it-stocks-fall-tcs-hcl-infosys-coforge-ai-rally-wall-street","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nifty-it-stocks-fall-tcs-hcl-infosys-coforge-ai-rally-wall-street\/","title":{"rendered":"Nifty IT Stocks Slide as TCS Falls 3%, HCL Tech, Infosys and Coforge Down 2% Each"},"content":{"rendered":"

Nifty IT >1% down. TCS -3%, HCL Technologies\/Infosys\/Coforge -2% each. Only Oracle Financial Services gained among sectoral constituents.<\/em><\/p>\n

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

Nifty IT stocks came under pressure on Friday after shares of companies tied to artificial intelligence infrastructure rallied on Wall Street overnight, a rotation that appeared to pull money away from Indian IT services names. The Nifty IT index was over 1 percent down, with Tata Consultancy Services the worst hit among large names, falling 3 percent, while HCL Technologies, Infosys and Coforge each declined 2 percent. Oracle Financial Services Software was the sole gainer among the sectoral index’s constituents, with every other IT stock in the red in early trade.<\/p>\n<\/p><\/div>\n

Nifty IT stocks fell sharply on Friday after shares of AI infrastructure-related companies rose on Wall Street overnight, a shift that appeared to draw investor interest away from traditional IT services names and toward the AI infrastructure theme instead.<\/p>\n

Tata Consultancy Services led the decline among large-cap IT names, falling 3 percent, while HCL Technologies, Infosys and Coforge each dropped 2 percent, with the broader Nifty IT index down over 1 percent as nearly every constituent traded in the red.<\/p>\n

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