Mumbai, February 12, 2026 – The Nifty IT index, a benchmark for India's booming technology sector, closed at 33,407.55 on Wednesday, down 4.81% amid broader market volatility and FII outflows. Comprising 10 major IT companies, the index has seen a 1-year return of around 28% but recent pressures from global slowdowns and earnings caution have led to a 1-month dip of 7.62%. As of today, the index value stands at approximately 33,388 (per latest updates), reflecting ongoing challenges in export-dependent IT services.
The Nifty IT tracks leading players in software, consulting, and tech hardware, with a total market cap exceeding ₹28 lakh Cr. Key weightages include TCS (36.44%) and Infosys (20.67%), making them pivotal to index movements. Investors should note: The sector's P/E is 24.9, with a dividend yield of 3.02%, offering growth potential but sensitivity to US economic cues and rupee fluctuations.
Nifty IT Constituents List
Here's the full list of companies in the index, based on NSE data:
| Company Name | Industry | Symbol | Series | ISIN Code |
|---|---|---|---|---|
| Coforge Ltd. | Information Technology | COFORGE | EQ | INE591G01025 |
| HCL Technologies Ltd. | Information Technology | HCLTECH | EQ | INE860A01027 |
| Infosys Ltd. | Information Technology | INFY | EQ | INE009A01021 |
| LTIMindtree Ltd. | Information Technology | LTIM | EQ | INE214T01019 |
| MphasiS Ltd. | Information Technology | MPHASIS | EQ | INE356A01018 |
| Oracle Financial Services Software Ltd. | Information Technology | OFSS | EQ | INE881D01027 |
| Persistent Systems Ltd. | Information Technology | PERSISTENT | EQ | INE262H01021 |
| Tata Consultancy Services Ltd. | Information Technology | TCS | EQ | INE467B01029 |
| Tech Mahindra Ltd. | Information Technology | TECHM | EQ | INE669C01036 |
| Wipro Ltd. | Information Technology | WIPRO | EQ | INE075A01022 |
Key Spotlights:
- TCS's Dominance: As the top weight, TCS drives index performance with its global IT services—current LTP around ₹3,800 (down 1.2% today).
- Infosys's Growth Engine: Second-highest weight, focusing on digital transformation—LTP ≈ ₹1,500 (down 0.8%).
- HCLTech's Resilience: Known for engineering services—LTP ≈ ₹1,600 (down 1.5%), holding steady amid sector dip.
- Sector Trends: Recent lows in constituents like TechM (down 6.4% to ₹1,529) highlight export challenges, but budget capex could spark recovery.
