Nifty IT Today: Index Falls 1.70% as All Nine Stocks Decline

Nifty IT today opened under pressure on 7 September 2026, with the sector index emerging as the steepest loser among the tracked NSE sector indices in the early session. At 10:00:00 AM IST, Nifty IT stood at 30,172.80, down 522.30 points or 1.70% from its previous close of 30,695.10. The early move was broad-based: all nine tracked IT stocks were in the red, led by LTIMindtree, Infosys and Mphasis.

Quick sector takeaways

• Nifty IT fell 1.70% to 30,172.80, versus the previous close of 30,695.10.
• The index moved between 30,088.05 and 30,377.10 in the early session, after opening at 30,343.20.
• All nine tracked Nifty IT stocks declined, with no advancers or unchanged stocks.
• LTIMindtree fell 2.58%, Infosys declined 2.48% and Mphasis slipped 2.19%; investors can watch whether the index holds above its early-session low of 30,088.05.

Nifty IT today: early-session pressure across technology stocks

The technology gauge began below its previous close and remained negative through the early session. Its opening level of 30,343.20 was already below 30,695.10, and the index subsequently touched 30,088.05 before recovering modestly to 30,172.80 by 10:00:00 AM IST. That leaves the index 522.30 points below the prior close and 170.40 points below its opening level.

The pattern within the sector was notably uniform. Every one of the nine tracked stocks traded lower, indicating that the decline was spread across the group rather than limited to one or two names. The largest percentage declines came from LTIMindtree, Infosys and Mphasis, while Tata Consultancy Services recorded the smallest fall among the tracked stocks.

Price snapshot

Nifty IT’s latest level was 30,172.80 against a previous close of 30,695.10, translating into a loss of 522.30 points or 1.70%. The index opened at 30,343.20, reached a day high of 30,377.10 and marked a day low of 30,088.05. The 289.05-point range between the high and low captures the early-session movement.

At the latest level, the index was 84.75 points above its intraday low and 204.30 points below its intraday high. This places the early-session reading below the midpoint of its day range. These levels describe the session’s trading path and are not forecasts of the next move.

Sector ranking

Nifty IT was the top losing sector index in the early session because its 1.70% decline was steeper than every other tracked index. The full ranking, from the strongest gain to the sharpest fall, was: Nifty Pharma, up 0.28%; Nifty Mid Select, up 0.01%; Nifty Auto, down 0.05%; Nifty Financial Services, down 0.33%; Nifty Bank, down 0.40%; Nifty FMCG, down 0.46%; Nifty Metal, down 0.63%; and Nifty IT, down 1.70%.

The comparison shows a clear gap between IT and the rest of the tracked sector board. Nifty Metal was the next weakest index at a 0.63% decline, while Nifty Pharma remained the strongest with a 0.28% gain. Nifty IT’s loss was therefore more than twice the decline recorded by the next weakest sector index in this comparison.

Constituent breadth

Sector breadth was entirely negative in the early session: 0 advancers, 9 decliners and 0 unchanged stocks. This reading aligns with the 1.70% fall in Nifty IT and points to broad participation in the sector’s decline. The absence of any tracked stock in positive territory makes the index move more comprehensive than a fall driven only by the largest names.

LTIMindtree, Infosys, Mphasis, Tech Mahindra, L&T Technology Services, HCL Technologies, Coforge, Wipro and Tata Consultancy Services were all lower. The range of declines ran from 0.74% in Tata Consultancy Services to 2.58% in LTIMindtree.

Heavyweights versus broader participation

The supplied heavyweight group also traded lower across the board. LTIMindtree dropped 2.58% to ₹4,436.40, Infosys fell 2.48% to ₹1,102.00, L&T Technology Services declined 1.65% to ₹3,435.80, HCL Technologies slipped 1.46% to ₹1,274.50 and Coforge was down 1.42% at ₹1,944.80.

The same five names appear among the stocks highlighted for market activity, alongside their negative price moves. Their common direction reinforces the broad early-session weakness seen in the sector breadth. For detailed company-level price tracking, readers can follow Infosys and LTIMindtree on Univest.

Key Nifty IT stocks

Stock	Move	Why it matters
LTIMindtree	₹4,436.40, down 2.58%	It was the steepest percentage decliner among the tracked stocks.
Infosys	₹1,102.00, down 2.48%	Its decline was among the largest in the sector’s broad-based fall.
Mphasis	₹2,369.00, down 2.19%	It ranked third among the tracked percentage declines.
Tech Mahindra	₹1,568.80, down 1.76%	It remained lower after trading between ₹1,557.40 and ₹1,593.60.
Tata Consultancy Services	₹2,286.90, down 0.74%	It recorded the narrowest decline among the tracked stocks.

Biggest negative movers

LTIMindtree led the losses, declining ₹117.60 to ₹4,436.40, or 2.58%. The stock traded as high as ₹4,519.40 and as low as ₹4,405.00. Infosys followed with a ₹28.00 decline to ₹1,102.00, down 2.48%, after an intraday range of ₹1,099.20 to ₹1,109.90.

Mphasis lost ₹53.00, or 2.19%, to ₹2,369.00. Tech Mahindra was down ₹28.10, or 1.76%, at ₹1,568.80, while L&T Technology Services fell ₹57.50, or 1.65%, to ₹3,435.80. These five names were the largest percentage losers in the early session.

Stocks to watch next session

• LTIMindtree: Watch its movement around the early-session range of ₹4,405.00 to ₹4,519.40 after the sector’s largest decline.
• Infosys: The stock’s ₹1,099.20 intraday low and ₹1,102.00 latest price will remain useful reference points.
• Mphasis: It traded near the lower end of its ₹2,361.10 to ₹2,409.90 range.
• HCL Technologies: Its latest price of ₹1,274.50 was above its ₹1,271.70 opening level despite a 1.46% day decline.
• Wipro: Watch the stock after it moved between ₹173.34 and ₹176.47, ending the early session at ₹173.92.
• Tata Consultancy Services: Its relatively smaller 0.74% fall makes its next-session performance relevant within the group.

The constructive case

There were limited but measurable signs of intraday resilience. Nifty IT recovered 84.75 points from its session low of 30,088.05 to trade at 30,172.80 by 10:00:00 AM IST. HCL Technologies also stood above its opening price, at ₹1,274.50 versus ₹1,271.70, even though it remained below its previous close.

Elsewhere on the sector board, Nifty Pharma and Nifty Mid Select were positive. Within IT, Tata Consultancy Services posted the smallest decline among the tracked stocks. These observations do not offset the sector’s early weakness, but they provide context for how investors may assess the next trading session.

The cautious case

The cautious reading is defined by the breadth and scale of the move. Nifty IT was the weakest index on the tracked sector board, down 1.70%, and all nine tracked sector stocks were lower. The index also stayed below both its previous close and its opening price at the latest reading.

Several key names recorded declines of more than 2%, including LTIMindtree, Infosys and Mphasis. The index’s latest level remained much closer to the day low than to the day high, making the early-session range a central point of attention rather than a directional call.

Univest Insights

The early nifty it today reading reflects broad weakness, with every tracked stock contributing to the negative breadth. This differs from a narrowly concentrated decline and puts focus on whether the sector can improve participation as trading develops.

The 30,088.05 low is the immediate intraday reference level after the index’s recovery to 30,172.80. Meanwhile, the 30,377.10 high and the 30,343.20 opening level show where the index traded before the decline extended.

At the stock level, LTIMindtree and Infosys were the prominent early laggards, while Tata Consultancy Services had the smallest percentage fall. Readers can compare these moves with the broader market context through Univest Market View and track Tata Consultancy Services for company-level price updates.

For the next session, watch whether Nifty IT holds above 30,088.05 and whether the breadth reading improves from 0 advancers and 9 decliners.

Published on 7 September 2026 at 10:04 AM IST

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Frequently asked questions

Why is Nifty IT down today?

Nifty IT was down 1.70% in the early session, with all nine tracked stocks trading lower at 10:00:00 AM IST.

What is the Nifty IT level today?

Nifty IT was at 30,172.80, down 522.30 points from the previous close of 30,695.10.

Which Nifty IT stock fell the most today?

LTIMindtree was the largest percentage decliner among the tracked stocks, down 2.58% to ₹4,436.40.

How did Infosys perform today?

Infosys fell 2.48%, or ₹28.00, to ₹1,102.00 in the early session.

What was Nifty IT’s intraday range today?

The index traded between 30,088.05 and 30,377.10, a range of 289.05 points.

Was Nifty IT the weakest sector index today?

Yes. Its 1.70% decline was the steepest among the tracked sector indices in the early session.

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.