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Nifty IT Today Ends 0.85% Lower: Closing Bell Wrap

3 Sept 20264:19 pm

Nifty IT Today Ends 0.85% Lower: Closing Bell Wrap

Nifty IT today ended the 3 September 2026 session under pressure, falling 264.05 points, or 0.85%, to 30,838.85. The end-of-session reading reflected broad weakness among the tracked IT stocks, with eight decliners and one advancer.

Quick sector takeaways

  • Nifty IT closed at 30,838.85, down 0.85% or 264.05 points from its previous close of 31,102.90.
  • The index moved between 31,185.70 and 30,621.65 during the session, finishing closer to its intraday low than its high.
  • Among nine display-safe stocks, breadth was negative: one advanced and eight declined, with no unchanged stocks.
  • Tech Mahindra, TCS and HCL Technologies were among the larger percentage decliners, while Coforge was the sole gainer. Next session, investors can watch whether participation broadens beyond a single advancing stock.

Nifty IT today: end-of-session sector wrap

Nifty IT today closed lower at 30,838.85 after starting at 31,180.80. The index briefly reached a high of 31,185.70 before declining to a low of 30,621.65. Its closing level was 264.05 points below the previous close of 31,102.90, translating into a 0.85% decline.

The intraday path showed that the index gave up ground after its opening levels. The final value remained above the day’s low, but it was also below the opening level and below the previous close. This made Nifty IT the top losing sector index in the configured sector-index set for this session.

For a broader market dashboard alongside this sector update, readers can track the Univest Market View.

Price snapshot

The closing LTP for Nifty IT was 30,838.85, compared with a previous close of 31,102.90. The absolute decline was 264.05 points and the percentage move was -0.85%. The index opened at 31,180.80, recorded a day high of 31,185.70 and a day low of 30,621.65.

The day’s range was 564.05 points between the high and low. Nifty IT’s close was 217.20 points above the intraday low and 346.85 points below the intraday high. These figures describe the session’s trading range and closing position without indicating a directional forecast.

Sector ranking

Nifty IT was the top losing sector index among the configured sector indices on 3 September 2026. Its 0.85% fall was steeper than the declines recorded by Nifty FMCG (-0.62%), Nifty Auto (-0.52%) and Nifty Pharma (-0.46%) in the same configured set. In contrast, Nifty Mid Select, Nifty Financial Services, Nifty Bank and Nifty Metal ended higher.

This relative ranking places the IT pocket at the weaker end of the day’s configured sector performance. The ranking is based on the reported percentage change in each index rather than on the absolute number of points moved, which naturally varies with each index’s level.

Constituent breadth

Market breadth within the display-safe Nifty IT stock set was clearly tilted towards declines. Eight of nine stocks ended lower, one stock advanced and none were unchanged. That produces an advance-decline ratio of 0.13, meaning there was one advancer for every eight decliners.

Such breadth aligns with the negative index finish because weakness was spread across most of the named stocks tracked in the sector. Coforge’s positive close provided the only advancing reading, while the remaining display-safe stocks closed below their previous closes.

Heavyweights versus broader participation

The supplied heavyweight and active-stock views also showed a mixed but predominantly negative picture. HCL Technologies fell 0.94%, Infosys declined 0.85%, L&T Technology Services slipped 0.11%, and LTIMindtree was down 0.61%. Coforge, in contrast, gained 0.31%.

The same names featured in the supplied active-stock view, alongside Coforge. Their session moves underscore that the pressure was not confined to one isolated stock: several widely followed IT names ended in the red, while one stock closed higher.

Key Nifty IT stocks

Stock Move Why it matters
Tech Mahindra -1.54% to ₹1,598.00 It was the steepest percentage decliner among the named stocks.
TCS -1.19% to ₹2,320.10 Its decline was among the larger negative moves in the sector.
HCL Technologies -0.94% to ₹1,319.00 It closed lower after opening at its day high of ₹1,345.00.
Infosys -0.85% to ₹1,130.30 Its percentage decline matched the index’s percentage fall.
Coforge +0.31% to ₹1,971.80 It was the sole named gainer in the displayed breadth set.

Biggest positive movers

Coforge was the only positive mover among the display-safe Nifty IT stocks, gaining ₹6.10, or 0.31%, to ₹1,971.80. The stock traded between ₹1,921.80 and ₹1,975.00, closing just below its session high. Its gain stood apart from the broader negative sector breadth.

Biggest negative movers

Tech Mahindra led the declines, falling ₹25.00 or 1.54% to ₹1,598.00. TCS followed with a ₹27.90 decline, or 1.19%, to ₹2,320.10. HCL Technologies fell 0.94%, Infosys declined 0.85% and Wipro lost 0.77%. These moves placed several large and widely tracked IT names on the negative side of the session.

Stocks to watch next session

For the next session, the supplied price action puts Tech Mahindra, TCS, HCL Technologies, Infosys, Wipro and Coforge on the watchlist. Tech Mahindra closed at ₹1,598.00 after touching ₹1,592.00, while TCS ended at ₹2,320.10 after a low of ₹2,316.10. HCL Technologies and Infosys closed at ₹1,319.00 and ₹1,130.30 respectively, both below their opening prices. Wipro closed at its day low of ₹175.72, whereas Coforge’s positive finish at ₹1,971.80 offers a contrasting data point within the sector.

The constructive case

The constructive evidence in the session was limited but identifiable. Coforge rose 0.31% and ended only ₹3.20 below its day high. Nifty IT also closed 217.20 points above its intraday low, rather than at the lowest level of the day. These are observations from the closing data and show that some recovery from the session low occurred before the end.

In addition, the index’s opening level of 31,180.80 was close to its day high of 31,185.70, establishing a clear upper end of the day’s recorded range. Future sessions will show whether more stocks join the positive side of breadth.

The cautious case

The cautious case is defined by both the index move and the breadth pattern. Nifty IT lost 0.85%, ended below its previous close and finished below its opening level. Eight of the nine display-safe stocks declined, while only one advanced.

Several prominent names posted declines of more than 0.75%, including Tech Mahindra, TCS, HCL Technologies, Infosys and Wipro. The index also closed much nearer its day low than its day high, an end-of-session positioning detail that investors can monitor alongside the next day’s breadth.

Univest Insights

At 4:15:00 PM IST on 3 September 2026, the Nifty IT reading was 30,838.85. The session combined a negative close with a wide intraday range, as the index moved from 31,185.70 at the high to 30,621.65 at the low.

The key feature of the day was participation: eight displayed stocks ended lower. That breadth matters because it shows the negative close was accompanied by declines across most of the available named stock set rather than being represented by only one mover.

The other notable feature was divergence. Coforge finished higher, while Tech Mahindra, TCS, HCL Technologies, Infosys, Wipro, LTIMindtree, Mphasis and L&T Technology Services ended lower. Tracking whether that divergence narrows or broadens can help frame the next sector update.

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

Published on 3 September 2026 at 4:18 PM IST

Frequently asked questions

How did Nifty IT close today?

Nifty IT closed at 30,838.85 on 3 September 2026, down 264.05 points or 0.85% from 31,102.90.

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

The index recorded a day high of 31,185.70 and a day low of 30,621.65.

Why was Nifty IT the top losing sector index?

Its 0.85% decline was the largest percentage fall among the configured sector indices for the session.

What was the Nifty IT breadth today?

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

Which stock gained in Nifty IT today?

Coforge gained 0.31% to close at ₹1,971.80.

Which stock fell the most in Nifty IT today?

Tech Mahindra was the largest percentage decliner among the named stocks, falling 1.54% to ₹1,598.00.

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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