{"id":262046,"date":"2026-09-22T13:36:28","date_gmt":"2026-09-22T08:06:28","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=262046"},"modified":"2026-09-22T13:36:28","modified_gmt":"2026-09-22T08:06:28","slug":"nifty-it-share-price-today-clsa-cautious-hold-underperform","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nifty-it-share-price-today-clsa-cautious-hold-underperform\/","title":{"rendered":"Nifty IT Falls for Third Day as CLSA Turns Cautious, Flags EPS Downside for Infosys and Wipro"},"content":{"rendered":"

Nifty IT falls for a third straight day, led lower by LTIMindtree and HCLTech. CLSA maintains ‘hold’ on TCS, Infosys and HCLTech, and ‘underperform’ on Wipro, citing weak macro fundamentals.<\/em><\/p>\n

\n

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

Nifty IT share price today fell for a third consecutive session, with LTIMindtree and HCLTech leading losses, as global brokerage CLSA turned cautious on the sector ahead of the September quarter results silent period. CLSA maintained a ‘hold’ rating on TCS, Infosys and HCLTech, while keeping an ‘underperform’ call on Wipro, citing weak macro fundamentals, geopolitical uncertainty, and higher rates and inflation weighing on discretionary technology spending.<\/p>\n<\/p><\/div>\n

Nifty IT share price today declined for a third straight session, with LTIMindtree and HCLTech leading the losses, as management demand commentary from Indian IT companies heading into the silent period for September quarter results remained cautious at best, according to CLSA. Nifty IT share price today reflects the brokerage’s broader note flagging weak macro fundamentals across the sector.<\/p>\n

Tap to Access Best Research Pieces on Univest<\/strong><\/a><\/p>\n

Also read – NSE IPO Subscription Closes at 5.67 Times: Here Are the Retail Allotment Odds<\/a><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n