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Nifty IT Today: Index Falls 0.38% in Opening Trade

21 Aug 202610:05 am

Nifty IT Today: Index Falls 0.38% in Opening Trade

Nifty IT was under pressure in the opening session on 21 August 2026, slipping 117.80 points, or 0.38%, to 30,555.25 at 10:00:00 AM IST. The index opened near its previous close before moving lower, while the stock-level picture showed six declines against three gains among nine displayable stocks.

Quick sector takeaways

  • Nifty IT today stood at 30,555.25, down 0.38% or 117.80 points from the previous close of 30,673.05.
  • The index traded between 30,337.00 and 30,683.85 in the early session after opening at 30,676.40.
  • Breadth was negative: six stocks declined and three advanced among nine displayable Nifty IT stocks.
  • LTIMindtree, Coforge and Mphasis were the prominent percentage decliners, while Tech Mahindra, L&T Technology Services and Wipro were in positive territory. Watch whether the index sustains above its session low and whether breadth improves.

Nifty IT today: early-session update

Nifty IT began the session at 30,676.40, marginally above the previous close of 30,673.05, but subsequently moved into negative territory. At the latest update, the index was at 30,555.25, a decline of 117.80 points. This places the index below both its opening level and the prior session’s close.

The opening-bell movement reflects a mixed but predominantly negative sector board. The decline was not uniform across the available stock rows: three names were higher, but six traded lower. For readers tracking nifty it today, the early range and the balance between advancing and declining stocks provide the clearest snapshot of the sector’s opening tone.

Price snapshot

Measure Level Reading
Last traded price 30,555.25 Down 117.80 points
Previous close 30,673.05 Reference level for the day
Day open 30,676.40 Opened slightly above previous close
Day high 30,683.85 Early-session high
Day low 30,337.00 Early-session low

The index’s intraday range so far is 346.85 points, measured from the day low of 30,337.00 to the day high of 30,683.85. The latest level is 218.25 points above the low and 128.60 points below the high. These are observations from the opening session, rather than directional forecasts.

Sector ranking

Nifty IT was the second top losing sector index among the configured sector indices at the latest reading. Nifty FMCG was lower by 0.63%, while Nifty IT’s 0.38% decline placed it ahead of the 0.37% fall in Nifty Auto and the 0.36% fall in Nifty Pharma. This ranking describes the relative percentage moves across the tracked indices at the same early-session point.

The position is notable because the sector’s loss was modest in percentage terms but still among the weaker readings in the configured index set. Meanwhile, Nifty Metal, Nifty Bank and Nifty Financial Services were positive, illustrating divergent sector-level performance during the opening phase.

Constituent breadth

Of the nine displayable Nifty IT stocks, three advanced and six declined, producing an advance-decline ratio of 0.50. With decliners outnumbering advancers two to one, the breadth reading aligned with the index’s negative move.

Tech Mahindra rose 0.44%, L&T Technology Services gained 0.37%, and Wipro added 0.17%. On the declining side, LTIMindtree fell 1.99%, Coforge declined 1.15%, Mphasis was down 1.07%, Tata Consultancy Services lost 0.51%, HCL Technologies slipped 0.30%, and Infosys edged lower by 0.12%. The distribution shows that positive stock moves were present but insufficient to offset the broader weakness visible in the displayed basket.

Heavyweights versus broader participation

Among the supplied heavyweight stock rows, the picture remained mixed but tilted lower. Coforge was down 1.15% at Rs. 1,860.40, while HCL Technologies declined 0.30% to Rs. 1,314.50 and Infosys eased 0.12% to Rs. 1,128.70. LTIMindtree was lower by 1.99% at Rs. 4,462.50.

L&T Technology Services provided a positive counterpoint, rising 0.37% to Rs. 3,592.20. The supplied most-active stock list similarly included Coforge, HCL Technologies, Infosys, L&T Technology Services and LTIMindtree, keeping attention on a set of names that showed both the negative and positive sides of the opening-session board.

Key Nifty IT stocks

Stock Move Why it matters
LTIMindtree Rs. 4,462.50, down 1.99% It was the largest percentage decliner among the displayed stocks.
Coforge Rs. 1,860.40, down 1.15% It featured in the supplied heavyweight and most-active lists.
Mphasis Rs. 2,403.90, down 1.07% Its fall was among the larger negative moves in the sector.
Tech Mahindra Rs. 1,599.10, up 0.44% It was the strongest percentage gainer in the displayed basket.
L&T Technology Services Rs. 3,592.20, up 0.37% It was a gainer in the supplied heavyweight and most-active lists.

Biggest positive movers

Tech Mahindra led the available gainers, rising Rs. 7.00 or 0.44% to Rs. 1,599.10. Its intraday high was Rs. 1,601.70, placing the latest price close to that high. L&T Technology Services gained Rs. 13.10 or 0.37% to Rs. 3,592.20, while Wipro added Rs. 0.31 or 0.17% to Rs. 181.31.

These gains show that select stocks retained positive momentum even as the sector index traded lower. Their performance is relevant to the breadth picture, but the three advances did not alter the overall negative count.

Biggest negative movers

LTIMindtree was the largest percentage loser, falling Rs. 90.50 or 1.99% to Rs. 4,462.50. The stock traded between Rs. 4,414.80 and Rs. 4,500.00. Coforge was next, down Rs. 21.60 or 1.15% to Rs. 1,860.40, followed by Mphasis, which declined Rs. 26.10 or 1.07% to Rs. 2,403.90.

Tata Consultancy Services fell 0.51% to Rs. 2,286.20 and HCL Technologies moved down 0.30%. The concentration of the larger displayed losses in these names was consistent with the negative opening tone in Nifty IT.

Stocks to watch next session

LTIMindtree, Coforge, Mphasis, Tech Mahindra, L&T Technology Services and Infosys are the key supplied names to follow into the next session. LTIMindtree, Coforge and Mphasis led the percentage declines in the available data, making their next-session price action relevant to whether selling pressure persists or moderates. Tech Mahindra and L&T Technology Services were the top two gainers, while Infosys was only marginally lower at the latest update.

The constructive case

The constructive evidence lies in the presence of three advancing stocks despite the sector-level decline. Tech Mahindra, L&T Technology Services and Wipro were all positive, and the index remained above its day low of 30,337.00 at the latest reading. The 0.12% decline in Infosys was comparatively limited, while L&T Technology Services traded higher.

This does not change the negative index move, but it shows that the opening session was not a blanket decline across the displayed stock set. Any improvement in the balance of advancers and decliners would be a practical metric to monitor.

The cautious case

The cautious case is defined by the index’s 0.38% fall, its position below the previous close, and negative breadth of six decliners versus three advancers. Nifty IT also moved down from an opening level of 30,676.40 to an intraday low of 30,337.00 before the latest reading of 30,555.25.

LTIMindtree, Coforge and Mphasis each fell by more than 1% in the supplied data. The index being the second top losing sector index among the configured group adds context to this early weakness, although market conditions can change during the session.

Univest Insights

The opening reading for nifty it today is one of contained index-level weakness alongside a clear negative breadth skew. The gap between the day high and day low shows that the sector experienced an active early range, with the latest level sitting closer to the low than the high.

At the stock level, the contrast between LTIMindtree’s 1.99% decline and Tech Mahindra’s 0.44% gain captures the mixed nature of the board. L&T Technology Services also remained positive, whereas several other supplied heavyweight names were lower.

For market participants, a useful next check is whether the sector’s three gainers broaden into a larger positive group or whether the six decliners continue to dominate. The index’s position relative to its early-session range offers an additional factual marker for tracking the session.

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

Published on 21 August 2026 at 10:04 AM IST

Frequently asked questions

What is Nifty IT today?

Nifty IT was at 30,555.25 at 10:00:00 AM IST on 21 August 2026, down 117.80 points or 0.38% from its previous close.

What was the Nifty IT previous close?

The previous close for Nifty IT was 30,673.05.

What were the Nifty IT day high and day low?

The day high was 30,683.85 and the day low was 30,337.00 at the latest update.

Why was Nifty IT among the losing sector indices?

Nifty IT fell 0.38%, making it the second top losing sector index among the configured sector indices at the latest reading.

Which Nifty IT stocks gained in the opening session?

Tech Mahindra, L&T Technology Services and Wipro were the displayed gainers, rising 0.44%, 0.37% and 0.17%, respectively.

Which Nifty IT stocks declined the most?

LTIMindtree declined 1.99%, Coforge fell 1.15%, and Mphasis lost 1.07% 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.

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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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