IT Stocks News
Information Technology stock news, NIFTY IT updates, and tech sector trends
Sector Breakthroughs & News
Stock market outlook today, 5 Oct: Sensex, Nifty prediction - DJIA, S&P, NASDAQ, GIFT Nifty, Nikkei, Taiwan cues
Stock market prediction for Monday, 5 October, 2026: Gift Nifty was trading around the 22,580 level, up nearly 50 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.
Read Full Analysis →Sensex today | Stock Market Live: Stock to buy today: Schneider Electric Infrastructure (₹1,275.65)
Sensex, Nifty, Stock Price Live: Schneider Electric Infrastructure stock has been consolidating in a narrow range of ₹1,160-1,250 over the last month. Last week, it broke out above resistance at ₹1,250, indicating that bulls are gaining traction. The price is now above both the 21- and 50-day moving averages.
Read Full Analysis →India could see rebound in investor interest when AI-led rally slows: S Naren
Given the current market dynamics, investors are encouraged to reassess their asset allocation strategies. The evolving US AI landscape combined with heightened geopolitical tensions presents challenges to global markets. While the short-term earnings outlook is promising, the future growth trajectory will largely depend on how the US AI cycle evolves. Gold continues to be a recommended investment choice, yet caution is advised regarding international investments.
Read Full Analysis →AI-Powered Alerts for Your Portfolio
Alerfo's AI classifies every news event by type, severity, and market impact — then instantly notifies you via Email & WhatsApp only for the stocks you track.
Exclusive-ShinyHunters hacker in FBI data theft detained in Jordan, cooperating with bureau, sources say
Exclusive-ShinyHunters hacker in FBI data theft detained in Jordan, cooperating with bureau, sources say
Read Full Analysis →OpenAI’s Altman says AI benefits warrant accepting some risks
OpenAI’s Altman says AI benefits warrant accepting some risks
Read Full Analysis →AkzoNobel to sell Southeast Asia paints business to Nippon Paint for $1.35 billion
AkzoNobel to sell Southeast Asia paints business to Nippon Paint for $1.35 billion
Read Full Analysis →Taiwan foreign minister visits US for opening of new Arizona office
Taiwan foreign minister visits US for opening of new Arizona office
Read Full Analysis →Global Market Today: Asian shares rise as Fed hike bets ease, oil gains
MSCI’s Asia Pacific equities index rose 0.4%, with Japanese shares rallying 2%. Contracts for the Nasdaq 100 rose 0.3% after the underlying gauge closed a record high on Friday and a US index of semiconductor shares rallied.
Read Full Analysis →Blockbuster Accenture show holds out hope for battered Indian IT
Accenture's latest financial performance has sparked renewed optimism among investors in the Indian IT sector. The strong results hint at a revival in client discretionary spending. Analysts underscore the need for Indian IT firms to enhance their artificial intelligence capabilities to successfully tackle upcoming challenges. Accenture's forecast suggests improved market conditions and steady margins, painting a picture of a resilient industry.
Read Full Analysis →The stock market is looking ahead to earnings season—and it likes what it sees
Micron Technology’s blockbuster report on Sept. 30 gave the market a glimpse of what is yet to come.
Read Full Analysis →Nifty prediction today: Oversold conditions raise rebound chances; how RBI policy will impact | Cupid top stock to watch
Nifty 50 index also slipped below the rising trendline drawn from the major swing lows of June 2024 and April 2025, weakening the broader technical structure.
Read Full Analysis →Largecaps bear brunt of selloff as 84% of Nifty50 stocks slip below 200-DMAs
The Indian stock market is facing notable turmoil, with a pronounced selloff impacting major players like Tata Motors and Infosys. Currently, a staggering 84% of Nifty 50 stocks are underperforming their 200-day moving averages. In contrast, smaller stocks are showing notable strength, as many in the Nifty 500 outstrip established blue-chip firms.
Read Full Analysis →Capex is happening across sectors but will intensify once external issues ease: Abakkus Asset's Sunil Singhania
Chairman and managing director at Abakkus Asset Manager Pvt. Ltd, Sunil Singhania, said near-term market sentiment is being weighed down by West Asia war, which is keeping oil prices, inflation concerns and bond yields elevated, though India's growth and corporate earnings outlook are healthy.
Read Full Analysis →Top 5 IT stocks to buy today: TCS, Infosys, Mphasis, Coforge, Persistent Systems | Experts' view; Nifty FPI 150 heatmap
Top 5 IT stocks to buy today: Experts belive these 5 IT stocks would outperform others as the Nifty FPIs index heatmap suggests that foreign investors started buying these shares ahead of the Accenture results
Read Full Analysis →IT firms' Q2 reality check: Growth recovery still out of sight
Q2 is usually a seasonally strong quarter, but macro uncertainty, weak demand environment, AI-led productivity pressures and intense competition may hurt growth for tier-I IT companies.
Read Full Analysis →Stocks in news: HDFC Bank, Infosys, Yes Bank, Hindustan Zinc and RVNL
Indian equities continued their downward trend due to rising global bond yields and high crude oil prices. The Nifty 50 fell by 198.50 points, while the BSE Sensex decreased by 570.59 points. Key companies like HDFC Bank and Infosys made significant corporate announcements amidst these market conditions. HDFC Bank appointed a new Managing Director and CEO following regulatory approval.
Read Full Analysis →Pre-market action: Here's the trade setup for today's session
The Nifty index continues to decline, marking its eighth consecutive week of losses due to market pressures. Analysts predict that the combination of foreign selling and rising bond yields will affect sentiment negatively. The Indian rupee has also weakened, contributing to ongoing market challenges faced by investors. Importantly, the 200-Week EMA remains a critical level for potential recovery or further decline.
Read Full Analysis →Flávio Bolsonaro takes lead in first round of Brazil election
Son of jailed former far-right president is the unexpected favourite against Luiz Inácio Lula da Silva
Read Full Analysis →RBI likely to hike repo rate by 25 bps to 5.50% in October policy: ET Poll
On Monday, the Reserve Bank of India's Monetary Policy Committee will hold important meetings. Analysts are anticipating a 25 basis points increase in the key interest rate, raising it to 5.50%. The surge in inflation is attributed to elevated crude oil costs and subpar agricultural production. Many economists advocate for a rate hike as a crucial measure to tackle ongoing inflation issues, with outcomes to be revealed on October 7.
Read Full Analysis →Jewish groups attack Greens after anti-Zionism motion passes
Community leaders warn that ‘Zionism is Racism’ motion discriminates against Jewish supporters
Read Full Analysis →Long-form Sector Insights
Nifty and Sensex Trend Downwards Amid HDFC Bank News | October 05, 2026
Explore how HDFC Bank's leadership change impacts Indian stocks today amid rising global bond yields and crude oil prices.
Indian Stocks Update: Jio Platforms IPO News & Market Movers (October 04, 2026)
Discover today's key market insights as Jio Platforms IPO looms large. Explore gainers, losers, and sector trends affecting Indian stocks.
IDBI Bank Q2 Update: Total Business Crosses Rs 6 Lakh Crore - October 04, 2026
IDBI Bank's robust Q2 results signal growth in the banking sector. Explore key insights and market implications for investors.
Understanding IT Stocks in India
India's Information Technology sector is the country's largest export earner and a dominant force in the Nifty 50. IT stocks are unique among Indian equities because their revenues are primarily USD-denominated — earned from clients in the US, Europe, and other developed markets — while their costs are largely INR-denominated. This makes them natural rupee depreciation hedges but also vulnerable to global IT spending slowdowns.
The Nifty IT index tracks the 10 largest IT companies listed on NSE. India's IT sector encompasses three main sub-segments: large-cap IT services (TCS, Infosys, Wipro, HCL Tech), mid-cap IT (Mphasis, Coforge, Persistent Systems, LTIMindtree), and product/SaaS companies (Tata Elxsi, KPIT Technologies).
Key Drivers of IT Stock Prices
- US economic outlook: 60–70% of Indian IT revenues come from North America. US GDP growth, unemployment data, and corporate IT budgets directly determine deal flow for Indian IT firms.
- USD/INR exchange rate: Every 1 rupee of depreciation against the dollar improves IT margins by approximately 25–40 basis points, as USD revenues convert to more rupees.
- Deal wins and Total Contract Value (TCV): Large deal announcements — especially multi-year managed services contracts — are significant positive catalysts and often trigger 2–5% single-day moves.
- Attrition rate: High employee attrition increases hiring and training costs, compressing margins. IT companies report attrition quarterly, and a rising trend is watched closely.
- US Federal Reserve policy: Rate cuts in the US loosen corporate budgets, boosting IT spend. Rate hikes do the opposite by tightening client finances.
- AI and digital transformation demand: The shift to cloud, GenAI, and automation services is reshaping IT deal structures. Companies with strong AI service capabilities command premium valuations.
Major IT Stocks on NSE/BSE
- Large-cap IT: TCS, Infosys, Wipro, HCL Technologies, Tech Mahindra, LTIMindtree
- Mid-cap IT: Mphasis, Coforge, Persistent Systems, NIIT Technologies, Mastek, Hexaware
- IT Products / Engineering: Tata Elxsi, KPIT Technologies, Cyient, Sasken
Frequently Asked Questions
Disclaimer: All news on this page is sourced from third-party publishers. Alerfo does not provide investment advice. The sector information above is for educational purposes only. Consult a SEBI-registered investment advisor before making investment decisions.
Get instant alerts for IT Stocks
Add stocks from this sector to your Alerfo watchlist and receive email + WhatsApp alerts the moment news breaks.
Start Free — No Credit Card