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Nifty IT Today: Index Ends 0.31% Lower at 31,357.75

14 Aug 20264:17 pm

Nifty IT Today: Index Ends 0.31% Lower at 31,357.75

Quick sector takeaways

  • Nifty IT ended 0.31% lower at 31,357.75 on 14 August 2026, down 96.15 points from its previous close of 31,453.90.
  • The index traded between 31,052.70 and 31,529.55 during the session, finishing below both its opening level of 31,419.85 and the previous close.
  • Breadth was negative among nine displayable stocks: two advanced and seven declined. Wipro and Mphasis rose, while L&T Technology Services, LTIMindtree and Coforge led the declines.
  • For the next session, watch whether the index holds near its closing level and whether participation broadens beyond the two gainers.

In the Closing Bell wrap for nifty it today, the technology index finished with a modest loss despite being ranked as the second top gaining sector index within the configured sector-index set. The ranking reflects its relative position in a broadly lower set of tracked indices; the actual Nifty IT move was negative for the day.

Nifty IT today: end-of-session read

Nifty IT closed at 31,357.75, compared with 31,453.90 at the previous close. That translated into a fall of 96.15 points, or 0.31%. The index opened at 31,419.85, briefly moved up to 31,529.55 and later fell to 31,052.70. Its close was 305.05 points above the day’s low and 171.80 points below the day’s high.

The session’s range shows that the index saw movement on both sides of the opening level before ending lower. The close below the opening level and previous close places the focus on the day’s weaker finish, while the recovery from the intraday low shows that the index did not end at the bottom of its session range. These are price observations rather than indications of a cause or a forward outcome.

For readers tracking the sector’s broader market context, the Univest Market View offers a central page for following the day’s market action.

Price snapshot

Measure Level Session reading
Last traded price 31,357.75 Closing level
Previous close 31,453.90 Reference level for the day
Change -96.15 (-0.31%) Day-on-day decline
Day high 31,529.55 Highest intraday level
Day low 31,052.70 Lowest intraday level

The 476.85-point difference between the day’s high and low underlines the intraday range. Nifty IT’s opening level of 31,419.85 was below the previous close, and the final print remained below that opening mark. The closing level, however, was above the day low, which is relevant when monitoring where the index settled within the session’s trading band.

Sector ranking

Nifty IT was selected as the second top gaining sector index among the configured sector indices. On this session’s numbers, however, Nifty IT declined 0.31%. Its selection is therefore a relative ranking outcome rather than evidence of an absolute gain. Within the tracked set, only Nifty Bank, down 0.25%, posted a smaller percentage decline. Nifty IT’s 0.31% fall was milder than the declines recorded by Nifty Financial Services, Nifty FMCG, Nifty Auto, Nifty Mid Select, Nifty Metal and Nifty Pharma.

This relative position matters because it separates sector ranking from the index’s actual closing result. For nifty it today, the key fact remains the 0.31% decline, even as the sector held a comparatively firmer place against several other configured indices.

Constituent breadth

The available stock-level breadth was tilted lower. Of nine displayable Nifty IT stocks, two advanced and seven declined, with no unchanged stocks. The advance-decline ratio stood at 0.29, meaning declines outnumbered advances by a wide margin.

The breadth reading aligns with the index’s lower close. It also shows that the sector’s relative rank among configured indices did not translate into broad-based positive participation within the displayed technology stocks. Wipro and Mphasis provided the two positive prints, while the other seven named stocks ended lower.

Heavyweights versus broader participation

The supplied heavyweight stock set was uniformly lower. Coforge declined 0.93%, HCL Technologies fell 0.73%, Infosys lost 0.49%, L&T Technology Services dropped 3.55% and LTIMindtree declined 1.05%. This group’s direction was consistent with the index’s negative close.

The named most-active stock set also included Coforge, HCL Technologies, Infosys, L&T Technology Services and LTIMindtree. Their session moves were all negative. That overlap highlights where the day’s visible weakness was concentrated, without assigning a reason to the price action.

Key Nifty IT stocks

Stock Move Why it matters
L&T Technology Services -3.55% to 3,476.80 Largest decline among the displayed stocks.
LTIMindtree -1.05% to 4,715.00 One of the sharper negative moves in the group.
Coforge -0.93% to 1,812.00 Featured in the supplied heavyweight and active-stock sets.
Infosys -0.49% to 1,169.20 Closed lower and remained part of the named heavyweight set.
Wipro +0.49% to 184.00 Strongest positive mover among the displayed stocks.
Mphasis +0.16% to 2,545.00 One of only two displayed stocks to end higher.

Biggest positive movers

Wipro led the positive side, rising 0.49% to 184.00 from 183.10. It traded between 183.10 and 185.84, with the close below the day high but above the previous close. Mphasis added 0.16% to 2,545.00 from 2,541.00. Its intraday range was 2,501.00 to 2,556.90. These two gains stood apart in an otherwise negative breadth picture.

Biggest negative movers

L&T Technology Services was the largest displayed loser, falling 3.55% to 3,476.80 from 3,604.70. Its day high was 3,604.70 and its day low was 3,460.00. LTIMindtree fell 1.05% to 4,715.00, while Coforge declined 0.93% to 1,812.00. HCL Technologies lost 0.73% to 1,360.00 and Tata Consultancy Services slipped 0.59% to 2,361.00. The concentration of these declines contributed to the sector’s negative breadth.

Stocks to watch next session

  • L&T Technology Services: watch its follow-through after the session’s 3.55% decline.
  • LTIMindtree: track whether it remains below its previous close of 4,765.00.
  • Coforge: monitor its movement after closing at 1,812.00.
  • Infosys: watch its price action around the 1,169.20 close.
  • Wipro: observe whether the day’s positive close is sustained.
  • Mphasis: follow whether its positive finish extends into the next session.

The constructive case

The constructive evidence is relative rather than broad-based. Nifty IT’s 0.31% decline was smaller than the falls seen in several other configured sector indices. The index also ended above its intraday low of 31,052.70 after reaching 31,529.55 earlier in the day. At stock level, Wipro and Mphasis closed in positive territory, providing two points of positive participation.

These observations do not remove the day’s negative close, but they identify the elements that were comparatively firmer: a milder sector-level decline relative to many tracked peers, a close above the session low, and two displayed gainers.

The cautious case

The cautious reading centres on the index’s 0.31% loss, its finish below the previous close and opening level, and negative internal breadth. Seven of nine displayed stocks declined, while only two advanced. The largest move was L&T Technology Services’ 3.55% fall, followed by declines in LTIMindtree, Coforge, HCL Technologies, Tata Consultancy Services, Infosys and Tech Mahindra.

The breadth gap means that the sector’s relative ranking should be read alongside, not instead of, the stock-level distribution. The next session’s direction will be clearer from whether the number of advancing names improves and whether the index can trade with greater consistency around its closing level.

Univest Insights

Nifty IT’s closing setup was mixed in relative and absolute terms. Relative to several configured sector indices, the technology index was comparatively resilient. In absolute terms, it closed lower by 96.15 points. Both facts are necessary for a balanced reading of nifty it today.

The day’s range was wide enough to show meaningful intraday movement, from 31,052.70 to 31,529.55. The final close at 31,357.75 sat above the low but below the opening and prior close. That placement keeps attention on the closing tone rather than on the intraday high alone.

At the stock level, the negative skew was clear. The two gainers, Wipro and Mphasis, contrasted with seven decliners. Among the supplied heavyweight and active-stock groups, the named stocks were all lower, reinforcing the broader pressure visible in the breadth figures.

For traders and investors, the key signal to watch is whether Nifty IT can improve breadth while holding above its closing level of 31,357.75.

Published on 14 August 2026 at 4:16 PM IST

Frequently asked questions

How did Nifty IT close on 14 August 2026?

Nifty IT closed at 31,357.75, down 96.15 points or 0.31% from the previous close of 31,453.90.

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

The index touched a day high of 31,529.55 and a day low of 31,052.70.

Why was Nifty IT called the second top gaining sector index despite falling?

The label reflects its relative ranking among the configured sector indices. Its actual move was a 0.31% decline.

What was the breadth of Nifty IT stocks?

Among nine displayable stocks, two advanced, seven declined and none were unchanged.

Which Nifty IT stocks gained today?

Wipro rose 0.49% and Mphasis gained 0.16%.

Which stock was the biggest Nifty IT loser today?

L&T Technology Services was the biggest displayed loser, falling 3.55% to 3,476.80.

Disclaimer

Investments in securities markets are subject to market risks. Read all related documents carefully before investing. This sector-index update is for informational and educational purposes only and is not personalized investment advice or a recommendation to buy, sell, or hold any security.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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