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Akhilesh Jat SEBI RA

16th Mar 2025 · SEBI-Registered Analyst

Nifty-IT Index Sees Sharp 22.26% Decline, Hits 2025 Low

The Nifty-IT Index saw a significant decline of 22.26%, hitting a low on March 12, 2025, after reaching a peak on December 13, 2024. Key players in the sector experienced notable losses, with

LTIM
leading the decline at -34.43%, followed by
MPHASIS
(-32.89%) and
COFORGE
(-29.21%). Other major companies like HCL Technologies (-25.10%),
INFY
(-22.06%), and
TCS
(-24.72%) also faced substantial drops.
PERSISTENT
and
TECHM
saw declines of 26.50% and 22.07%, respectively, while
WIPRO
's loss stood at 19.10%. This sharp downturn in the Nifty-IT Index reflects broader market challenges and shifts within the tech sector, creating an uncertain environment for investors and stakeholders alike. Disclaimer: This post is for informational purposes only and does not constitute investment advice.

#Post-ClosingCommentary#MacroViews#EquityResearch
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