On January 14, 2026 at 1:39 PM IST, India’s Nifty IT Index slipped 0.9% to 37,887.55 points, down 349.05 points from its previous close of 38,236.60. Weakness in major IT stocks and cautious global sentiment weighed on the sector, signaling short-term volatility in technology equities.
India’s Nifty IT Index (.NIFTYIT) fell sharply in afternoon trading on January 14, 2026 at 1:39 PM IST, declining 0.9% to 37,887.55 points, a drop of 349.05 points from its previous close of 38,236.60. The decline reflects investor caution amid global market jitters and sector-specific pressures.
Key highlights of the update include:
-
Index performance: Down 0.9%, marking one of the steepest sectoral declines of the day.
-
Stock movement: Leading IT majors such as Infosys, TCS, and Wipro traded lower, contributing to the index’s weakness.
-
Global cues: Tech-heavy Nasdaq futures showed volatility, influencing sentiment in Indian IT stocks.
-
Domestic factors: Concerns over muted client spending and margin pressures weighed on investor outlook.
-
Investor sentiment: Traders adopted a cautious stance ahead of quarterly earnings announcements from top IT firms.
Analysts suggest that the IT sector’s decline is part of a broader consolidation phase, with investors balancing optimism on long-term digital transformation demand against near-term challenges such as currency fluctuations and global macroeconomic uncertainty.
This real-time update underscores the importance of monitoring sectoral indices as India’s equity markets navigate both global and domestic headwinds.
Sources: Economic Times, Business Standard, Moneycontrol.