Nifty IT Index Share Price, Chart & Components
Welcome to the comprehensive tracking page for the Nifty IT Index. As the benchmark for India’s booming Information Technology sector, this index reflects the collective performance of the country's leading IT services and software companies.
On this page, investors and traders can access the Nifty IT share price, analyse historical trends through interactive charts, and monitor the individual stocks that drive this sector's movement.
What is the Nifty IT Index?
The Nifty IT Index is a thematic index on the National Stock Exchange (NSE) designed to capture the performance of the Indian IT industry. It comprises the most liquid and large-cap companies involved in software development, IT infrastructure, consultancy, and digital services.
Since the Indian IT sector is a significant contributor to the country's exports, this index is often viewed as a barometer for global technology demand and is closely correlated with the economic health of major global markets like the US and Europe, as well as currency fluctuations (USD-INR).
Key Features of the Nifty IT Index
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Methodology: The index is computed using the free-float market capitalisation method.
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Rebalancing: The index is rebalanced semi-annually to ensure it continues to reflect the most relevant market players.
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Sector Representation: It represents companies that are leaders in cloud computing, artificial intelligence, enterprise software, and outsourcing services.
Tools Available on This Page
We provide a suite of analytical tools to help you track the pulse of the technology sector:
1. Nifty IT Share Price Chart & Performance
View the real-time movement of the index. Our interactive Nifty IT share price chart allows you to visualise trends over various timeframes, from intraday movements to long-term historical performance.
2. Nifty IT Stocks List (Constituents)
Access the full list of companies that make up the Nifty IT index. This section allows you to track the individual share prices of industry giants and emerging tech leaders included in the basket.
3. Daily Top Gainers and Losers
Stay updated with market volatility by checking which IT stocks are leading the rally and which are witnessing profit booking in today's trading session.
4. Historical Returns & Top Performers
Identify the wealth creators within the sector. We provide a detailed breakdown of top-performing stocks based on returns generated over multiple periods:
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Short Term: 1 Week, 1 Month, 3 Months
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Medium Term: 6 Months, 1 Year
Why Track the Nifty IT Index?
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Currency Hedge: IT stocks often benefit from a stronger Dollar, making this index a key watch for those tracking currency markets.
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Growth Potential: The technology sector is known for innovation and scalability, often offering higher growth rates compared to traditional industries.
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Defensive Nature: Large-cap IT companies are cash-rich and often provide consistent dividends, adding a defensive layer to portfolios during market downturns.
Use this page to stay ahead of the curve and make informed decisions about your investments in the Indian technology sector.
Frequently Asked Questions (FAQs) about Nifty IT Index
Q1. What is the Nifty IT Index?
The Nifty IT Index is a thematic index on the National Stock Exchange (NSE) that tracks the performance of the top Information Technology companies in India. It serves as a benchmark for investors to monitor the health and trend of the Indian IT sector.
Q2. Which companies are included in the Nifty IT Index?
The index comprises major Indian IT services and software companies. These are typically large-cap and liquid stocks that are leaders in areas like software development, consultancy, and digital services. You can view the full list of constituent stocks in the "Nifty IT Stocks List" section on this page.
Q3. How is the Nifty IT Index calculated?
The index is computed using the free-float market capitalization method. This means the index value reflects the total market value of the free-floating shares (shares available for trading) of its components relative to a base period.
Q4. Does the Nifty IT Index include only large-cap stocks?
While the index is dominated by large-cap IT giants due to their high market valuation, the selection criteria focus on market capitalization and liquidity. Therefore, it primarily represents the largest and most tradeable IT companies in the market.
Q5. How often is the Nifty IT Index rebalanced?
The index is rebalanced semi-annually. This ensures that it continues to represent the most relevant and qualifying companies in the IT sector based on current market data.
Q6. Why is the Nifty IT Index important for investors?
The index is crucial for investors who want exposure to the technology sector without buying individual stocks. It is also widely used for benchmarking mutual funds, launching ETFs (Exchange Traded Funds), and for trading in the derivatives segment (Futures & Options).
Q7. What factors affect the Nifty IT Index movement?
The index is influenced by global economic conditions (especially in the US and Europe where Indian IT companies have major clients), currency fluctuations (USD-INR exchange rates), and the quarterly financial results of its constituent companies.
Q8. Can I invest directly in the Nifty IT Index?
You cannot invest directly in the index itself as it is a mathematical indicator. However, you can invest in Nifty IT ETFs (Exchange Traded Funds) or Index Funds that track this index, or trade Nifty IT Futures and Options if you are a trader.
Q9. Where can I see the top gainers and losers of the Nifty IT Index?
You can view the daily top gaining and losing stocks within the index in the "Top Gainers & Losers" table available on this page, which updates with market activity.