Indian IT sector stocks opened on a broadly negative note on March 30, 2026, with most counters trading in the red during early morning trade. The S&P BSE IT index was down 0.56% at 28,289.18, while the broader BSE Sensex declined 0.75% to 73,032.63 and the Nifty 50 shed 0.70% to 22,659.25. Selling pressure was visible across large-cap and mid-cap IT names, though a handful of stocks bucked the trend.
Prices in this report reflect early session data — BSE prices as of 09:42 AM IST and NSE prices as of 09:44 AM IST on March 30, 2026. Intraday levels are subject to change.
Large-Cap IT Stocks: Early Session Snapshot
Among the large-cap IT names, TCS was one of the rare outperformers, up 0.20% at ₹2,394.60 on BSE. Persistent Systems also traded marginally higher at ₹4,909.20, up 0.26%.
Infosys was down 0.50% at ₹1,263.60 on BSE. Wipro slipped 0.50% to ₹190.50. HCL Technologies declined 0.76% to ₹1,353.40. Tech Mahindra was among the more resilient names, shedding just 0.20% to ₹1,388.15.
LTIMindtree dropped 1.10% to ₹4,155.85 and L&T Technology Services fell 1.62% to ₹3,146.30. Mphasis was down 1.76% at ₹2,075.10.
Mid-Cap IT Stocks Performance
In the mid-cap space, Coforge lost 1.33% to ₹1,129.35. KPIT Technologies declined 0.99% to ₹653.35. Cyient was among the steadier mid-caps, up a modest 0.72% to ₹790.25.
Tata Elxsi fell 1.43% to ₹4,101.35 on BSE. Intellect Design Arena dropped 1.62% to ₹619.55. Newgen Software was down 1.77% at ₹414.55.
Mastek declined 0.98% to ₹1,383.00. Cigniti Technologies fell 0.96% to ₹1,107.00. Aurionpro Solutions slipped 1.93% to ₹748.55.
Key Observations
Of the approximately 40 IT and tech stocks tracked, only a small number — including TCS, Infibeam Avenues, 63 Moons Tech, Black Box, IndiaMart Intermesh, Cyient, Nazara Technologies, Persistent Systems (BSE), and Mindtree — were trading with gains or marginal gains in early trade. The rest were in negative territory.
The steepest declines were seen in R System International (down 3.66% on BSE), eClerx Services (down 2.63%), and Oracle Financial Services (down 2.34%). Among larger names, Mphasis shed 1.76% and LTIMindtree fell 1.10%.
The overall breadth of the session suggests broad-based selling, consistent with the Sensex and Nifty both declining by about 0.7–0.75% at the same time. The IT index’s relatively smaller decline of 0.56% compared to the Sensex indicates the sector was not the primary drag on the broader market at this point in the session.