IT Drags: Nifty IT Index Slumps 3.7% for the Week Ending 11 July 2025

The Nifty IT index witnessed a sharp decline of over 3.7% this week, driven by broad-based selling pressure following TCS’s quarterly results, which failed to impress the Street. On Friday, 11 July, almost all IT counters ended in the red — except Tech Mahindra. •

led the sectoral fall with a 3.73% drop • and LTIMindtree both slipped over 2% • , , , , and declined in the range of 1% to 1.8% The post-earnings reaction in TCS triggered a sentiment shift, leading to selling across frontline and mid-tier IT names, pressuring the sector through the week. Disclaimer: This post is intended solely for informational purposes and should not be construed as a recommendation to buy, sell, or hold any security. Investors/Traders are advised to consult their certified financial advisor before making any investment decisions.