Nifty IT Index Here’s a detailed snapshot of the **Nifty IT Sector**:
---
### 📊 Current Status & Performance
* The Nifty IT index closed at **37,031.75** on July 21, 2025, down **110.10 points (-0.30%)** from the previous close of 37,141.85 ( , ).
* Key metrics:
* **P/E ratio**: \~25.2
* **P/B ratio**: \~7.7
* **Dividend yield**: between 2.3% and 3.1% ( , ).
---
### 🔄 Returns Overview
| Period | Return |
| -------- | ------- |
| 1 Day | –0.3% |
| 1 Week | –0.65% |
| 1 Month | –5.0% |
| 3 Months | +8.5% |
| 6 Months | –11.2% |
| 1 Year | –7.2% |
| 3 Years | +30.7% |
| 5 Years | +114.4% |
( , )
---
### 📌 Index Composition
* Comprises **10 leading IT companies**:
Infosys (38.6%), TCS (22.3%), HCL Technologies, Tech Mahindra, Wipro, LTIMindtree, Coforge, Mphasis, Persistent Systems, Oracle Financial Services Software ( , , ).
* Weight is free‑float market‑cap based, revised semi‑annually ( , ).
---
### 📌 Sector & Market Context
* It tracks India’s top software services and consulting firms ( , ).
* Tools like ETFs and index funds allow investors to gain exposure — e.g., **Nippon India ETF Nifty IT**, **ICICI Prudential Nifty IT ETF**, **Kotak**, **Axis**, and **HDFC Nifty IT ETF**
---
### 🧭 Key Developments
* **Wipro** delivered a strong June quarter (Q1 FY26): net profit +11%, revenue +0.8%, top deal wins worth US\$5 billion, and share price rose \~4% ( ).
* Overall IT sector underperforms year-to-date, with overall Nifty IT down \~7% YTD, but has recovered \~8.5% over the past three months ( , ).
---
### ✅ Why It Matters
* Represents a key growth engine of the Indian economy and is a significant sub-index—about 13–14% of Nifty 50 ( ).
* It's a barometer for global demand in software services, digital transformation trends, and large enterprise contract cycles.
---
### 🎯 Investment Viewpoints
* **Near-term pressure** from global macro, interest-rate environment, and recent downward revisions.
* **Medium-term optimism** driven by strong earnings (e.g., Wipro), undemanding valuations, and sector recovery (\~+8.5% over 3 months).
* **Long-term momentum** is solid, with +30% over 3 years and +114% over 5 years, courtesy of recurring digital demand.
---
If you're considering investing in this space, explore Nifty IT ETFs or mutual funds—and diversify across the top 10 stocks rather than concentrating on one. Let me know if you’d like help comparing specific ETFs, tracking tools, or future performance scenarios!
