NIFTY IT
Quote: CNXIT
29559.30
+798.40
(+2.78%)
as on
Today NIFTY IT Share Price Performance
Day's Low
Day's High
28,912.0530,055.60
2.19%
Downside
1.68%
Upside
52 Week's Low
52 Week's High
28,288.0540,301.404.30%
Downside
36.34%
Upside
Market Stats
- Previous Close
- 28,760.90
- Open
- 28,912.05
Historical Returns
- 1 Month Return
- -11.96 %
- 3 Month Return
- -25.67 %
- 1 Year Return
- -20.6 %
What is moving the NIFTY IT Index?
Top 5 Pulling UP ▲
| Stock Name | Market Price | Chn % |
|---|---|---|
| ₹1132 | 5.41% | |
| ₹6594.5 | 4.64% | |
| ₹4698.6 | 3.74% | |
| ₹1385.2 | 3.23% | |
| ₹1267.1 | 2.77% |
Top 5 Pulling
| Stock Name | Market Price | Chn % |
|---|
NIFTY IT Companies
| Company | Market Cap (in Cr) | Analyst Rating | Market Price | Change % |
|---|---|---|---|---|
| ₹8,65,337.99 | BUY | ₹2440.8 | 2.05% | |
| ₹4,99,989.17 | BUY | ₹1267.1 | 2.77% | |
| ₹3,58,502.30 | HOLD | ₹1357.2 | 2.73% | |
| ₹2,00,658.80 | HOLD | ₹194.3 | 1.56% | |
| ₹1,31,466.84 | BUY | ₹1385.2 | 3.23% | |
| ₹1,24,206.98 | HOLD | ₹4298.8 | 2.62% | |
| ₹71,451.29 | BUY | ₹4698.6 | 3.74% | |
| ₹54,845.80 | BUY | ₹6594.5 | 4.64% | |
| ₹39,577.74 | BUY | ₹2123.8 | 2.4% | |
| ₹36,059.68 | BUY | ₹1132 | 5.41% |
Portfolio Breakup
Sector
Market Cap
Overview
Launch Date : June 29th, 1998
Number of Constituents : 10
Calculation Frequency : Real-Time
What is Nifty IT Index?
The Nifty IT Index is a benchmark index that tracks the performance of the Information Technology (IT) sector in India. Managed by the National Stock Exchange (NSE), this index includes leading companies from the IT sector, covering sub-sectors such as software development, IT services, and consulting. The Nifty IT Index serves as an essential indicator of the health and trends within the Indian IT industry, providing investors with a comprehensive measure of the sector's performance.
Nifty IT Stocks Selection Criteria
The stocks included in the Nifty IT Index are selected based on specific criteria to ensure accurate representation of the IT sector. The selection criteria include:
Market Capitalization: Companies must have a substantial market capitalization, ensuring they are significant players in the IT sector.
Liquidity: Stocks must exhibit high liquidity, indicated by their average trading volumes and the number of trades over a period.
Sector Representation: The index includes a diverse range of IT sub-sectors to provide a comprehensive overview of the IT industry.
Listing History: Typically, companies must be listed on the NSE for a specific period before they can be considered for inclusion in the index.
Compliance with Regulatory Requirements: Companies must comply with all regulatory and disclosure requirements set by the Securities and Exchange Board of India (SEBI).
Free Float: The free-float market capitalization, which excludes promoter holdings, is considered to ensure that the index reflects the market value of shares available to the general public.
How can investors use the Nifty IT Index?
Investors can use the Nifty IT Index in several ways:
Benchmarking: Compare the performance of their IT sector investments to a standard benchmark.
Investment Decisions: Identify trends and make informed decisions about investing in the IT sector.
Portfolio Diversification: Gain exposure to a diversified portfolio of IT sector stocks through ETFs or mutual funds that track the index.
Performance Evaluation: Evaluate the performance of IT sector-focused investment products and funds.
By leveraging the Nifty IT Index, investors can effectively navigate the IT sector and enhance their investment strategies.
FAQs
What is Nifty IT index?
Nifty IT index price today?
How many companies are part of Nifty IT index?
What is the return for the Nifty IT Index?
| NIFTY IT | Absolute Returns |
| 1 Month Return | -11.96% |
| 3 Month Return | -25.67% |
| 6 Month Return | -21.74% |
| 1 Year Return | -20.60% |
| 3 Year Return | 1.12% |
| 5 Year Return | 12.51% |