The NIFTY IT index captures the performance of the Indian IT companies.
The NIFTY IT Index comprises 10 companies listed on the National Stock Exchange (NSE).
The NIFTY IT index is computed using free float market capitalization method.
Name | Percentage | Market Capitalization(in Cr.) |
Tata Consultancy Services | 44.93% | 11,75,013 Cr. |
Infosys Ltd | 23.17% | 6,05,977 Cr. |
HCL Technologies Ltd | 10.30% | 2,70,444 Cr. |
WIPRO Ltd | 9.32% | 2,43,937 Cr. |
Tech Mahindra Ltd | 3.83% | 1,00,203 Cr. |
L & T Infotech Ltd | 2.81% | 73,500 Cr. |
MindTree Ltd | 1.84% | 48,163 Cr. |
MphasiS Ltd | 1.65% | 43,400 Cr. |
L&T Technology Services Ltd | 1.32% | 34,766 Cr. |
Coforge Ltd | 0.75% | 19,700 Cr. |
Nifty IT | 100% | 26,15,103 Cr. |
There are 6 out of 10 Nifty IT stocks in Nifty 50, which indicates that IT service sectors play a big role in Nifty 50.
Tata Consultancy Services Limited, Infosys Ltd , TechMahindra Ltd, L&T Ltd, HCL Technologies Ltd and WIPRO Ltd.
Nobody possesses a crystal ball that can foretell the future of Nifty IT with certainty. However, we have listed a few points below that, if thoroughly investigated prior to investing, will undoubtedly help you to comprehend the price movement of the Nifty IT sector. These are:-
Investing is the simplest way to set aside money while you are busy with life and have that money work for you. To invest in Nifty IT stocks you need to -