Nifty IT Today Falls 1.75%: Closing Bell Sector Wrap

Updated: 17 Aug 2026 • 4:18 pm

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Nifty IT Today Falls 1.75%: Closing Bell Sector Wrap

Quick sector takeaways

Nifty IT closed lower by 549.95 points, or 1.75%, at 30,807.80 on 17 August 2026.
The index finished below its previous close of 31,357.75 after trading between 31,331.20 and 30,722.05 during the session.
Breadth was decisively negative among nine display-safe stocks: one advanced and eight declined. HCL Technologies, Infosys and TCS were among the key laggards, while L&T Technology Services gained.
For the next session, investors can track whether the index holds near its closing zone and how stocks such as HCL Technologies, Infosys, TCS, Tech Mahindra and L&T Technology Services perform.

Nifty IT today: end-of-session sector wrap

Nifty IT today ended as the top losing sector index among the configured sector indices, declining 1.75% at the close. The index settled at 30,807.80, down 549.95 points from the previous close of 31,357.75. The closing level also stood below the day’s opening level of 31,242.40, underlining the downward direction across the session.

The sector’s end-of-session picture was marked by widespread weakness in the available stock basket. Eight of the nine display-safe stocks declined, while one stock advanced. The pressure was visible in several prominent names, with HCL Technologies, Infosys and TCS posting declines of more than 2% in the day’s trade.

The session remains an index-level snapshot rather than an explanation of why prices moved. What the closing data clearly shows is that the sector finished lower, with declines across most named stocks outweighing the gain recorded by L&T Technology Services.

Price snapshot

Nifty IT opened at 31,242.40 and moved to an intraday high of 31,331.20, only marginally below the previous close of 31,357.75. It subsequently traded down to a low of 30,722.05 before ending at 30,807.80. The 609.15-point gap between the session high and low indicates a broad intraday range.

Metric	Level	Session reading
Previous close	31,357.75	Reference level for the day
Open	31,242.40	Below the previous close
Day high	31,331.20	Near the previous close
Day low	30,722.05	Lowest level during the session
Close / LTP	30,807.80	Down 549.95 points, or 1.75%

At the close, the index was 85.75 points above its intraday low and 523.40 points below its intraday high. These are observations from the day’s range and help frame the closing position for the next session.

Sector ranking

Nifty IT was the top losing sector index in the configured sector-index set on 17 August 2026. Its 1.75% decline was steeper than the 1.05% fall in Nifty FMCG, the 0.39% decline in Nifty Pharma, the 0.15% fall in Nifty Mid Select and the 0.10% dip in Nifty Auto. In contrast, Nifty Metal gained 1.26%, while Nifty Bank and Nifty Financial Services ended marginally higher.

This ranking places the technology index at the weaker end of the available sector performance board for the day. The distinction is based on the actual percentage move in the index, rather than on the absolute number of points lost.

Constituent breadth

The breadth reading supported the weak index close. Of the nine display-safe Nifty IT stocks, one advanced and eight declined, producing an advance-decline ratio of 0.13. There were no unchanged stocks in this display-safe group. Such a distribution shows that the decline was broad across the named basket, rather than confined to only one or two stocks.

L&T Technology Services was the sole advancer, rising 1.49%. Meanwhile, declines were spread across HCL Technologies, Infosys, TCS, Tech Mahindra, Mphasis, Wipro, Coforge and LTIMindtree. The balance of daily moves therefore remained firmly tilted towards declines at the close.

Heavyweights versus broader participation

The supplied heavyweight list also reflected mixed but predominantly negative participation. Coforge declined 0.33%, HCL Technologies fell 2.57%, Infosys lost 2.51% and LTIMindtree slipped 0.32%. L&T Technology Services stood apart with a 1.49% gain. This contrast highlights that one positive move did not offset the broader weakness visible across the listed stocks.

The supplied activity list included Coforge, HCL Technologies, Infosys, L&T Technology Services and LTIMindtree. Their closing moves ranged from a 2.57% fall in HCL Technologies to a 1.49% rise in L&T Technology Services, illustrating the day’s split within the sector while keeping the overall breadth negative.

Key Nifty IT stocks

Stock	Move	Why it matters
HCL Technologies	₹1,325.00; -2.57%	It was the largest percentage decliner among the named stocks.
Infosys	₹1,139.90; -2.51%	Its decline formed part of the broad negative sector breadth.
TCS	₹2,313.20; -2.02%	It closed near its intraday low of ₹2,310.60.
L&T Technology Services	₹3,528.50; +1.49%	It was the only named stock to advance.
Tech Mahindra	₹1,610.00; -1.40%	Its decline added to the sector-wide weak close.

Biggest positive movers

L&T Technology Services was the biggest positive mover in the named Nifty IT basket, gaining ₹51.70, or 1.49%, to close at ₹3,528.50. The stock traded between ₹3,466.40 and ₹3,536.40, ending ₹7.90 below its intraday high. Its gain provided the sole positive breadth reading, but it did not alter the sector’s overall negative finish.

Biggest negative movers

HCL Technologies led the declines, falling ₹35.00, or 2.57%, to ₹1,325.00. Infosys followed with a fall of ₹29.30, or 2.51%, to ₹1,139.90, while TCS declined ₹47.80, or 2.02%, to ₹2,313.20. Tech Mahindra fell 1.40% and Mphasis declined 1.38%. These moves formed the sharpest negative readings among the named stocks.

Stocks to watch next session

HCL Technologies, Infosys and TCS merit attention after their declines of 2.57%, 2.51% and 2.02%, respectively. Tech Mahindra and Mphasis can also be tracked after closing lower by 1.40% and 1.38%. L&T Technology Services remains relevant as the day’s only gainer, having closed at ₹3,528.50 after a 1.49% rise. These are stocks to observe for price action, not buy or sell calls.

The constructive case

The constructive evidence within the session came from L&T Technology Services, which ended higher despite the sector index decline. The stock reached ₹3,536.40 during the day and closed at ₹3,528.50. At the index level, Nifty IT finished 85.75 points above its intraday low of 30,722.05, showing that it was not at the exact low when the session ended.

For nifty it today, this constructive case is limited to observable price behaviour: one named stock gained, and the index closed above its low. The broader day, however, still showed a negative close and weak breadth.

The cautious case

The cautious case is clearer in the closing data. Nifty IT fell 1.75%, was the top losing configured sector index, and closed below both its previous close and opening level. Eight of nine display-safe stocks declined, with the three largest percentage losers—HCL Technologies, Infosys and TCS—each falling more than 2%.

The index also ended much closer to its intraday low than its high. This closing placement, together with the negative breadth, keeps the focus on whether selling pressure remains broad when the next session begins.

Univest Insights

The closing bell reading for Nifty IT was one of broad pressure rather than a uniformly weak tape. L&T Technology Services moved higher, but the number of declines across the display-safe basket gave the session a distinctly negative balance.

The largest percentage losses were concentrated in HCL Technologies, Infosys and TCS. Tech Mahindra, Mphasis and Wipro also finished lower, extending the list of declines across the sector. Coforge and LTIMindtree posted smaller losses, reinforcing the breadth picture.

At the index level, the difference between the 31,331.20 high and the 30,722.05 low shows that the sector saw a sizeable intraday range. The close at 30,807.80 leaves the next session’s price behaviour important for readers following nifty it today.

For a broader market dashboard, visit Univest Market View. For traders and investors, the key signal to watch is…

Published on 17 August 2026 at 4:18 PM IST

Frequently asked questions

What was Nifty IT today?

Nifty IT closed at 30,807.80 on 17 August 2026, down 549.95 points or 1.75% from the previous close of 31,357.75.

Why was Nifty IT the top losing sector index?

Its 1.75% decline was the largest fall among the configured sector indices tracked in this update.

What were Nifty IT’s intraday high and low?

The index recorded an intraday high of 31,331.20 and a low of 30,722.05.

How was Nifty IT breadth at the close?

Among nine display-safe stocks, one advanced, eight declined and none were unchanged.

Which Nifty IT stocks fell the most?

HCL Technologies fell 2.57%, Infosys declined 2.51% and TCS dropped 2.02%.

Which Nifty IT stock gained today?

L&T Technology Services gained 1.49% to close at ₹3,528.50.

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.