Nifty IT Today: Index Falls 1.28% in Early Trade

Updated: 18 Aug 2026 • 10:03 am

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Nifty IT Today: Index Falls 1.28% in Early Trade

Quick sector takeaways

Nifty IT was down 1.28% in early trade on 18 August 2026, falling 395.20 points to 30,412.60.
The index was below its previous close of 30,807.80 and traded between 30,359.20 and 30,615.45 during the session so far.
Breadth was tilted lower among nine display-safe stocks: one advanced and eight declined. Infosys, Mphasis, Tech Mahindra, Coforge and Wipro were among the larger percentage fallers.
L&T Technology Services was the sole gainer in the available stock set. The next readings to watch are the index range and whether breadth improves from the current 1:8 split.

Early-session update:Nifty IT today is under pressure at 30,412.60, down 1.28% from the previous close, based on data updated at 10:00:04 AM IST on 18 August 2026. The sector index is the top losing sector index among the configured indices in this update.

Nifty IT today: early-session pressure

Nifty IT today opened at 30,584.10 and moved lower in the opening phase. At the latest reading, the index stood 395.20 points below its previous close of 30,807.80. Its level of 30,412.60 was also below the opening value, keeping the early-session picture negative.

The index travelled through a 256.25-point intraday range, from 30,359.20 to 30,615.45. The latest level was 53.40 points above the day low and 202.85 points below the day high. This places the index in the lower portion of its opening-session range, an observation that aligns with the negative day-on-day move.

The sector’s early movement was broad rather than confined to a single stock in the displayed set. Eight of the nine stocks were in the red, while only one traded higher. That spread makes the index decline relevant for market participants tracking the technology space at the opening bell.

Price snapshot

Measure	Level	Early-session reading
Last traded price	30,412.60	Down 395.20 points
Previous close	30,807.80	Reference for the 1.28% decline
Day high	30,615.45	Highest level so far
Day low	30,359.20	Lowest level so far
Day open	30,584.10	Above the latest index level

The gap between the previous close and the latest value captures the actual move in the sector index: 395.20 points lower, or 1.28%. The day high was only 31.35 points above the opening level, while the low was 224.90 points below it. For an opening-bell update, these values provide the practical range within which Nifty IT has traded so far.

Sector ranking

Nifty IT is the top losing sector index in the configured sector-index universe at this time. Its 1.28% fall was steeper than the declines recorded by Nifty Mid Select (-0.53%), Nifty Financial Services (-0.38%), Nifty Bank (-0.30%), Nifty FMCG (-0.18%) and Nifty Metal (-0.18%).

Meanwhile, Nifty Pharma was higher by 0.68% and Nifty Auto gained 0.43%. The comparison places the technology index at the weakest end of this configured sector snapshot in percentage terms. This ranking is a relative reading for the current early-session timestamp, rather than an explanation for the move.

Constituent breadth

The displayed breadth for Nifty IT was decisively negative: one advancer, eight decliners and no unchanged stocks across nine display-safe names. The advance-decline ratio was 0.13, meaning that the available gainers were substantially outnumbered by decliners.

Infosys fell 1.82%, Mphasis lost 1.51%, Tech Mahindra declined 1.40%, Coforge was down 1.38% and Wipro slipped 1.37%. HCL Technologies, Tata Consultancy Services and LTIMindtree also traded lower. L&T Technology Services, up 0.23%, provided the sole positive reading among the displayed names.

This breadth profile complements the index reading: the 1.28% decline occurred alongside widespread weakness in the available stock set. The absence of unchanged names further underlines the clear directional split visible at this stage of trade.

Heavyweights versus broader participation

The supplied heavyweight list included Coforge, HCL Technologies, Infosys, L&T Technology Services and LTIMindtree. Four of these five were lower: Coforge fell 1.38%, HCL Technologies declined 1.00%, Infosys dropped 1.82% and LTIMindtree lost 0.91%. L&T Technology Services rose 0.23%.

The supplied most-active list featured the same five names. Their price direction broadly matched the sector-wide breadth pattern, with L&T Technology Services the exception. Infosys was the steepest percentage decliner among the displayed stocks, while Coforge and HCL Technologies were also lower.

Key Nifty IT stocks

Stock	Move	Why it matters
Infosys	₹1,119.20, down 1.82%	Largest percentage decline in the displayed set.
Mphasis	₹2,472.20, down 1.51%	Second-largest displayed percentage fall.
Tech Mahindra	₹1,587.50, down 1.40%	Part of the broad early-session decline.
Coforge	₹1,781.00, down 1.38%	Lower in both the heavyweight and supplied most-active lists.
L&T Technology Services	₹3,536.60, up 0.23%	The only displayed stock in positive territory.

These names illustrate the difference between the sector’s broad negative breadth and its single positive outlier. Readers can follow the full sector screen through the Nifty IT page.

Biggest positive movers

L&T Technology Services was the sole positive mover among the displayed Nifty IT stocks, rising ₹8.10, or 0.23%, to ₹3,536.60. It opened at ₹3,525.20, touched a high of ₹3,552.00 and a low of ₹3,504.90. Its latest price was below the session high but remained above the previous close of ₹3,528.50.

With only one advancing stock in the displayed universe, its positive move did not alter the overall breadth balance. It nevertheless remains a useful name to monitor for whether the sector’s internal participation changes later in the session.

Biggest negative movers

Infosys led the displayed declines, falling ₹20.70, or 1.82%, to ₹1,119.20. Mphasis followed with a ₹37.80 decline, or 1.51%, to ₹2,472.20. Tech Mahindra was down ₹22.50, or 1.40%, at ₹1,587.50.

Coforge declined ₹25.00 to ₹1,781.00, while Wipro fell ₹2.50 to ₹179.40. The five stocks were all lower by more than 1.30% at the latest update, highlighting the concentration of early weakness across several displayed technology names.

Stocks to watch next session

Infosys: Track whether its price remains near the day’s ₹1,117.00 low after a 1.82% decline.
Mphasis: Watch the ₹2,464.90-₹2,504.40 intraday range following its 1.51% fall.
Tech Mahindra: Its latest price of ₹1,587.50 was close to the day low of ₹1,585.80.
Coforge: Monitor movement within its ₹1,776.70-₹1,795.00 session range.
L&T Technology Services: Observe whether the sole gainer can retain its positive day change.
LTIMindtree: Its ₹4,657.30 level followed a 0.91% decline from the previous close.

The constructive case

The constructive evidence in this early update is narrow but visible. L&T Technology Services was higher by 0.23%, and Nifty IT remained above its intraday low of 30,359.20 at the latest reading. The index also opened at 30,584.10 and recorded a day high of 30,615.45 before moving lower, showing that higher levels were seen during the opening phase.

Any improvement in the current one-advancer versus eight-decliner breadth split would be a measurable change to follow. For now, the positive case rests on the index holding above the day low and on whether more displayed stocks move into positive territory.

The cautious case

The cautious case is clearer in the current numbers. Nifty IT was down 1.28%, ranked as the top loser among the configured sector indices and was trading below both its previous close and opening level. Its latest level was closer to the day low than to the day high.

Stock-level participation was also negative, with eight of nine displayed names declining. Infosys, Mphasis, Tech Mahindra, Coforge and Wipro all fell by more than 1.30%, while several other displayed stocks were lower as well. The opening-bell data therefore shows broad price pressure within the sector.

Univest Insights

Nifty IT today presents a distinctly weak early-session setup in the available data: a 1.28% index decline, a position below the opening level and negative breadth across the displayed stocks. The index’s ranking as the weakest configured sector index adds a relative-market dimension to that reading.

The intraday range deserves attention. The gap from the high of 30,615.45 to the low of 30,359.20 measures 256.25 points, and the latest level of 30,412.60 sits nearer the lower end. Tracking where the index trades within this range can offer a simple real-time view of whether early pressure persists or moderates.

At stock level, the contrast is straightforward. L&T Technology Services was the only displayed gainer, whereas the larger displayed losses were led by Infosys and Mphasis. Univest Market View can help readers place this sector snapshot alongside the broader market’s live movements.

For traders and investors, the key signal to watch is…

Published on 18 August 2026 at 10:03 AM IST

Frequently asked questions

What is Nifty IT today?

Nifty IT was at 30,412.60 at 10:00:04 AM IST on 18 August 2026, down 395.20 points or 1.28% from 30,807.80.

Why is Nifty IT the top losing sector index today?

It was the top losing sector index among the configured sector indices because its 1.28% decline was the steepest percentage fall in that set.

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

The day high was 30,615.45 and the day low was 30,359.20 in the early session.

How was Nifty IT breadth today?

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

Which Nifty IT stock gained today?

L&T Technology Services was the sole displayed gainer, up 0.23% at ₹3,536.60.

Which stocks were the biggest Nifty IT losers today?

Infosys fell 1.82%, Mphasis declined 1.51%, and Tech Mahindra was down 1.40% among the displayed stocks.

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.