IT Index Struggles as Trump's Reciprocal Tariff Extension Hits Sector Hard

Today, the IT index is the worst performer among all sectors, with significant losses extended due to the impact of Trump’s Reciprocal Tariff. The Nifty IT index has breached its recent low and is now down 23.48% from its peak, reflecting ongoing struggles. For today,

is leading the losses, down by 7%, followed by and , both seeing declines of over 3%. TCS also suffered, hitting a fresh 52-week low. The prolonged tariff challenges have weighed heavily on investor sentiment, and the IT sector continues to face headwinds. Despite a strong track record, the ongoing tariff pressures are proving difficult for these stocks, marking a tough phase for the industry. Investors are cautious as the outlook remains uncertain for the sector. Disclaimer: This post is for informational purposes only and does not constitute investment advice.