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Open ICICI 3-in-1 Account

Jun 12, 2026

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Open ICICI 3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

Stocks List

Company Name PE Mcap/Sales P/BV EV/EBIDTA D/E ROCE ROE
Wipro Ltd 14.05 2.09 2.12 10.57 0.23 18.53 16.85
Infosys Ltd 15.33 2.53 5.14 10.40 0.04 43.32 34.73
Mphasis Ltd 23.32 3.05 4.05 16.26 0.14 21.32 18.48
Tata Consultancy Services Ltd 15.62 2.89 7.20 11.30 0.10 58.92 49.11
HCL Technologies Ltd 18.09 2.57 4.01 11.52 0.09 30.47 25.23
Oracle Financial Services Software Ltd 30.57 11.78 10.31 23.07 0.01 38.11 29.34
Tech Mahindra Ltd 29.87 2.71 4.84 18.90 0.08 18.71 15.74
LTM Ltd 22.75 2.68 4.72 15.97 0.10 26.84 21.33
Persistent Systems Ltd 41.20 6.44 9.81 36.13 0.07 31.10 24.83
Coforge Ltd 34.32 4.97 2.26 34.68 0.18 21.66 18.71

Other Indices

INDEX NAME MARKET VALUE 52W HIGH 52W LOW
Nifty Next 50 70019.30
(2.3992%)		 72442.15 59896.10
Nifty Bank 56809.05
(2.9583%)		 61764.85 49954.85
Nifty 50 23629.10
(2.0184%)		 26373.20 22182.55
Nifty 100 24609.05
(2.0923%)		 26975.15 22720.45
BSE SmallCap 46825.31
(0.0%)		 55792.26 46731.72
BSE Sensex 75527.95
(2.2963%)		 86159.02 71545.81
BSE MidCap 44246.27
(0.0%)		 47764.30 43806.95
BSE 100 25089.37
(2.1073%)		 27621.72 23249.92

Nifty IT Index Overview

The Nifty IT Index tracks the performance of top IT companies listed on the National Stock Exchange of India. It reflects trends in software services, technology hardware, and digital solutions, offering investors a benchmark for India’s tech sector. Key constituents include Infosys, TCS, Wipro, and HCL Tech.

What is the Nifty IT Index?

The Nifty IT Index is a sectoral benchmark on the National Stock Exchange (NSE) of India, designed to reflect the performance of leading Indian information technology (IT) companies. It comprises 10 highly liquid stocks involved in activities such as software development, IT consulting, and IT-enabled services. Calculated using the free-float market capitalization method, the index serves as a crucial indicator of the health and investor sentiment toward India's vital IT and software sector, which is a major contributor to the nation's exports. It is widely used for benchmarking fund portfolios and launching index funds or ETFs.

How are Nifty IT Stocks Selected?

Nifty IT stocks are selected based on specific criteria set by the National Stock Exchange (NSE) to ensure only the most liquid and stable IT companies are included. These stocks represent India’s leading technology firms and reflect the sector’s overall performance.

Key selection criteria include:

  • NSE Listing: The company must be listed and actively traded on the National Stock Exchange.
  • Free-Float Market Capitalisation: Stocks are ranked by market value of publicly traded shares, excluding promoter holdings.
  • Liquidity: The stock must have 100% trading frequency over the past six months.
  • Derivatives Eligibility: Only stocks available for derivative trading are considered.

These factors ensure that the Nifty IT Index includes top-performing, reliable companies.

How Is Nifty IT Index Calculated?

The Nifty IT Index is calculated using the free-float market capitalisation method, which reflects the market value of publicly traded shares of top Indian IT companies. This ensures the index accurately represents real investor sentiment and sector performance.

Key calculation steps include:

  • Free-Float Market Capitalisation: Multiply each company’s share price by the number of publicly available shares.
  • Base Market Capitalisation: A fixed reference value used to standardize index movements.
  • Nifty IT Index Formula: Index Value = Current Total Free - Float Market Capitalisation of all Stocks / Base Market Capitalisation * Base Index Value

How Does the Nifty IT Index Work?

The Nifty IT Index operates using a free‑float market capitalisation methodology, where eligibility, weight limits, and periodic rebalancing help maintain balance and representativeness within India’s IT sector. It tracks major listed IT firms on the NSE and serves as a benchmark for portfolio managers and investors.

Key mechanics include:

  • Selection criteria: Stocks must be part of the underlying Nifty 500, meet liquidity and float requirements
  • Weight capping: Individual stock weights are capped to prevent concentration risk in dominant names
  • Periodic rebalancing: Semi‑annual reviews adjust constituents or weights based on latest data
  • Free float factor: Only freely tradable shares count in weight calculation; promoter holdings are excluded

Key Factors Influencing the Nifty IT Index

The Nifty IT Index, a benchmark for the Indian Information Technology (IT) sector, is influenced by several critical factors, reflecting its deep linkage to the global and domestic economies:

  • Global Economic Health and Demand: Since a major portion of the revenue for Indian IT firms comes from exports, especially to North America and Europe, the economic performance and IT spending in these geographies are paramount. Recessions or slowdowns abroad can negatively impact the Index.
  • Currency Fluctuation: The Index is highly sensitive to the INR-USD exchange rate. A depreciation of the Indian Rupee (INR) against the US Dollar (USD) generally benefits IT companies as it increases their repatriated foreign earnings when converted to INR.
  • Technological Advancements and Digital Adoption: Continuous investment and growth in next-generation technologies like Cloud Computing, Artificial Intelligence (AI), and Cybersecurity drive demand for IT services, thus influencing the Index's performance.
  • Foreign Institutional Investor (FII) Flows: Capital flows by FIIs into Indian equities, particularly the high-growth IT sector, significantly impact the demand and stock prices of the constituent companies.

Benefits of Investing in Nifty IT Stocks

Investing in the Nifty IT Index offers a strategic opportunity to participate in the growth of India's robust Information Technology sector. This investment route provides exposure to leading IT companies, which are key drivers of the nation's digital economy.

  • Targeted Sector Exposure: Investment in Nifty IT stocks, often through Index Funds or ETFs, provides direct and focused exposure to the Information Technology sector, allowing investors to capitalize on global digital transformation trends and the high demand for Indian IT services.
  • Diversification and Risk Reduction: The index comprises multiple top IT companies, spreading the investment across several firms. This diversification minimizes the impact of poor performance or stock-specific risks associated with investing in a single company.
  • High-Growth Potential: The Indian IT industry is a global leader, characterized by consistent revenue growth, strong fundamentals, and a focus on future technologies such as Cloud Computing, Artificial Intelligence, and Cybersecurity, which supports long-term appreciation potential.
  • Ease of Investment: Investors can easily gain exposure to the entire sector through passive investment vehicles like Nifty IT Exchange Traded Funds (ETFs) and Index Mutual Funds, eliminating the need for individual stock selection and active management.
  • Strong Financial Health: Companies within the Nifty IT index generally maintain resilient business models, strong balance sheets, healthy cash flows, and often provide stable dividend payments, making them financially sound investment options.

Nifty IT FAQs

What is the objective of the Nifty IT Index?

The Nifty IT Index's objective is to serve as a benchmark for the Indian Information Technology (IT) sector. It measures the market performance and behavior of a portfolio of the largest and most liquid IT companies listed on the National Stock Exchange (NSE).
The base value of the Nifty IT Index is 100. Initially set at 1000 on its base date of January 1, 1996, the base value was later revised to 100 effective from May 28, 2004.
The Nifty IT Index is rebalanced semi-annually, meaning it undergoes a review and adjustment twice a year. These changes are implemented on the last trading day of March and September.
The current market capitalization of the Nifty IT Index is approximately ₹29,44,899 crore (as of October 2025). The index is computed using the free-float market capitalization methodology.

News

Escorts Kubota fixes record date for final dividend

Escorts Kubota has fixed 03 July 2026 as record date for the purpose of determining the entitlement of th...

Jun 12, 2026 14:18
SEBI proposes uniform price band mechanism for stocks listed on multiple exchanges

The Securities and Exchange Board of India (SEBI) has proposed a mechanism to harmonize price bands and p...

Jun 12, 2026 10:03
Sun Pharmaceutical Industries fixes record date for final dividend

Sun Pharmaceutical Industries has fixed 07 July 2026 as record date for determining the entitlement of sh...

Jun 12, 2026 09:34
Orient Electric fixes record date for final dividend

Orient Electric has fixed 10 July 2026 as record date for purpose of payment of final dividend, if declar...

Jun 12, 2026 09:32
Benares Hotels fixes record date for dividend

Benares Hotels has fixed 16 July 2026 as record date for determining entitlement of Members to receive ...

Jun 12, 2026 09:31
Cyient fixes record date for buyback of shares

Cyient has fixed 17 June 2026 as record date for the purpose of determining the entitlement and the names...

Jun 12, 2026 09:29
How to Invest in Nifty IT Stocks
  • Direct Stock Purchase: Buy individual IT stocks from the Nifty IT Index, like Infosys, TCS, or Wipro, through a Demat and trading account.
  • Mutual Funds: Choose mutual funds with high exposure to IT sector stocks. Some sector-specific mutual funds focus entirely on technology.
  • ETFs (Exchange Traded Funds): Invest in ETFs that track the Nifty IT Index. These are traded like stocks and offer diversified exposure.
  • Index Funds: These passively managed funds aim to replicate the performance of the Nifty IT Index.
  • SIP Option: Use Systematic Investment Plans to invest gradually in Nifty IT-focused funds or ETFs.

Monitor holdings and weightages via NSE or fund house websites before investing.