Nifty IT Today: Index Falls 1.05% to 32,081.25

Updated: 22 Oct 2026 • 4:21 pm

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Nifty IT Today: Index Falls 1.05% to 32,081.25

Nifty IT today closed under pressure on 22 October 2026, with the sector index ending at 32,081.25. The following end-of-session wrap reflects prices recorded at 4:15:00 PM IST.

Quick sector takeaways

Nifty IT fell 341.25 points, or 1.05%, to close at 32,081.25 against the previous close of 32,422.50.
The index traded between 31,841.30 and 32,569.30 during the session, finishing 239.95 points above its intraday low.
Breadth was negative: eight Nifty IT stocks declined, one advanced and none were unchanged.
Mphasis, Coforge and Infosys were among the notable drags, while Wipro was the sole gainer. The next session will test whether the index can maintain distance from the day’s low.

Nifty IT today: end-of-session performance

Nifty IT today ended lower by 1.05%, extending pressure across a broad set of technology stocks. The index opened at 32,379.70, below the previous close, rose to an intraday high of 32,569.30, and later slipped to 31,841.30 before ending at 32,081.25.

The close was 341.25 points below the prior session’s 32,422.50. It was also below the opening level, indicating that the index could not retain its early intraday recovery. Even so, the finish above the day’s low showed some late distance from the weakest level of the session. The session’s price action was defined by a lower close and a wide 728-point intraday range.

Price snapshot

Measure	Level	Session view
Previous close	32,422.50	Reference level for the day
Open	32,379.70	Started below the previous close
Day high	32,569.30	Highest level reached
Day low	31,841.30	Lowest level reached
Close	32,081.25	Down 341.25 points, or 1.05%

The high was 146.80 points above the previous close, whereas the close was 341.25 points below it. This sequence captures an attempted move higher that was followed by a broader retreat. For readers tracking the sector, the index’s position relative to 31,841.30 and 32,422.50 provides two concrete reference points from this session.

Sector ranking

Nifty IT was the second top losing sector index among India’s NSE sector indices tracked in this comparison. Only Nifty FMCG recorded a steeper percentage decline. The full ranking, from the strongest gain to the steepest fall, was: Nifty Pharma, up 0.12%; Nifty Bank, down 0.09%; Nifty Financial Services, down 0.14%; Nifty Mid Select, down 0.39%; Nifty Metal, down 0.52%; Nifty Auto, down 0.73%; Nifty IT, down 1.05%; and Nifty FMCG, down 1.41%.

This places IT near the weaker end of the day’s sectoral performance, with its 1.05% fall larger than the declines in banking, financial services, mid-cap select, metal and auto. Pharma was the only index in this group to finish in positive territory.

Constituent breadth

The internal balance of Nifty IT was clearly tilted lower. Of the nine stocks tracked in the sector during the session, one advanced and eight declined, producing an advance-decline ratio of 0.13. There were no unchanged stocks.

That breadth reading matters because the index decline was accompanied by widespread weakness rather than being limited to a single name. Wipro’s positive close offered a counterpoint, but it was insufficient to offset declines across the rest of the sector’s stocks.

Heavyweights versus broader participation

The heavyweight group also reflected the negative tone. Coforge fell 2.16%, Infosys declined 1.25%, L&T Technology Services lost 1.04%, LTIMindtree slipped 0.56%, and HCL Technologies eased 0.18%. These moves aligned with the sector’s lower close.

The session’s active-stock list included Coforge, HCL Technologies, Infosys, L&T Technology Services and LTIMindtree. Each of these stocks ended lower, reinforcing the broad-based weakness visible in the breadth reading. Their individual intraday ranges varied, but the common feature was a close below the previous session’s level.

Key Nifty IT stocks

Stock	Move	Why it matters
Mphasis	Down 2.93% to 2,499.50	It was the steepest decliner among the named Nifty IT stocks.
Coforge	Down 2.16% to 1,908.80	Its decline was among the largest in the sector.
Infosys	Down 1.25% to 1,153.35	It closed below both its opening level and previous close.
TCS	Down 0.87% to 2,506.90	Its lower finish added to the sector-wide negative breadth.
Wipro	Up 0.66% to 190.41	It was the only gainer in the sector.

Biggest positive movers

Wipro was the sole positive mover, gaining 1.24 points, or 0.66%, to 190.41 from 189.17. The stock traded between 188.97 and 192.88. Its close above the previous session’s level stood apart from the broader sector pattern.

Biggest negative movers

Mphasis led the declines, falling 75.50 points, or 2.93%, to 2,499.50. It closed at its intraday low after trading as high as 2,601.40. Coforge followed with a 2.16% fall to 1,908.80, while Infosys declined 1.25% to 1,153.35. L&T Technology Services and TCS lost 1.04% and 0.87%, respectively.

Stocks to watch next session

Mphasis: Watch whether it moves away from its closing level of 2,499.50, which also marked its intraday low.
Coforge: Its range of 1,900.30 to 1,986.60 and 2.16% decline make it a notable session-to-session monitor.
Infosys: The stock closed at 1,153.35 after touching 1,144.05 during the day.
Wipro: As the only gainer, its ability to hold above 190.41 will be watched.
L&T Technology Services: It ended at 3,954.80 after moving between 3,841 and 4,050.
HCL Technologies: Its relatively limited 0.18% fall to 1,421.70 offers a contrasting move within a weak sector.

The constructive case

The constructive evidence from the session was limited but visible. Nifty IT closed 239.95 points above its intraday low, rather than at the weakest level of the day. Wipro also finished higher, showing that not every technology stock participated in the sell-off.

Several stocks moved meaningfully above their day lows before the close. For example, Coforge ended above 1,900.30, Infosys above 1,144.05 and L&T Technology Services above 3,841. These are observations from the day’s trading range, not indicators of a future direction.

The cautious case

The cautious case rests on the index’s 1.05% fall, its close below both the opening level and previous close, and negative breadth of one advancer against eight decliners. Mphasis and Coforge posted declines exceeding 2%, while Infosys and L&T Technology Services also fell by more than 1%.

Nifty IT also ranked as the second steepest loser in the sector comparison. A follow-through focus is therefore warranted after the index tested 31,841.30 during the session.

Univest Insights

The closing picture for nifty it today was one of broad pressure, with the index finishing at 32,081.25 and most tracked sector stocks ending lower. The index’s recovery from its intraday low moderated the damage from the weakest point of the session, but did not change the negative close.

The contrast between Wipro’s 0.66% gain and the declines in Mphasis, Coforge, Infosys, TCS and L&T Technology Services shows a narrow pocket of strength rather than broad support. Breadth remains the clearest measure of the day’s internal tone.

For a broader daily market perspective, readers can follow Univest Market View. Within IT, comparing the next close with the previous close of 32,422.50 can help frame whether the sector is regaining ground or remaining below its latest reference level.

The specific reading to watch next session is whether Nifty IT holds above 31,841.30 while breadth improves from one advancer and eight decliners.

Published on 22 October 2026 at 4:20 PM IST

Frequently asked questions

How did Nifty IT perform today?

Nifty IT closed at 32,081.25, down 341.25 points or 1.05% from the previous close of 32,422.50.

What were Nifty IT’s intraday high and low?

The index reached a high of 32,569.30 and a low of 31,841.30 on 22 October 2026.

Why was Nifty IT the second top losing sector index?

Nifty IT fell 1.05%, making it the second steepest fall among the listed sector indices. Nifty FMCG fell more, declining 1.41%.

How was the breadth in Nifty IT stocks?

One stock advanced, eight stocks declined and none were unchanged, indicating a broadly negative session.

Which Nifty IT stock gained today?

Wipro was the only gainer, rising 0.66% to close at 190.41.

Which stocks were the biggest Nifty IT losers today?

Mphasis fell 2.93%, Coforge declined 2.16%, and Infosys dropped 1.25%, making them the largest named losers.

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.