The Indian IT sector showed mixed performance in early trading on March 4, 2026, amid broader market declines. The S&P BSE IT Index stood at 29,485.85, up 0.32% at the time of the update (around 09:41 AM IST on BSE). However, this came against a backdrop of significant recent weakness, with the index down 20.6% over the last 30 days and 22.9% over the past year.
The benchmark S&P BSE Sensex was at 78,632.43, down 2.00%, reflecting broader selling pressure. The Nifty 50 traded at 24,408.75, down 1.84% (NSE data around 9:44 AM IST).
Individual IT stocks displayed varied movements in early session data (BSE and NSE prices as of approximately 09:41-09:45 AM IST):
- Infosys showed gains: BSE at ₹1,312.00 (+1.85%), NSE at ₹1,314.00 (+1.95%).
- TCS: BSE at ₹2,613.60 (+0.02%), NSE at ₹2,620.00 (+0.25%).
- HCL Technologies: BSE at ₹1,370.05 (-0.05%), NSE at ₹1,377.70 (+0.49%).
- Tech Mahindra: BSE at ₹1,346.00 (+0.09%), NSE at ₹1,352.50 (+0.53%).
- Wipro: BSE at ₹195.40 (-1.59%), NSE at ₹195.96 (-1.31%).
- LTIMindtree: BSE at ₹4,417.85 (+0.31%), NSE at ₹4,423.40 (+0.43%).
- Persistent Systems: BSE at ₹4,665.75 (-0.19%), NSE at ₹4,709.30 (+0.77%).
- Mastek: BSE at ₹1,576.10 (+0.76%), NSE at ₹1,585.60 (+1.72%).
- eClerx Services: BSE at ₹3,116.60 (+0.13%), NSE at ₹3,123.90 (+1.30%).
- Nazara Technologies saw sharper declines: BSE at ₹246.45 (-4.55%), NSE at ₹246.55 (-4.25%).
- Other notable losers included Brightcom Group (BSE -3.24%), Datamatics Global (BSE -2.42%), and Intellect Design (BSE -2.26%).
Within the BSE IT Index, top gainers included Infosys (up around 1.9%) and certain smaller names like Suvidhaa Infoserve (up 4.5% as per sector summary). Top losers featured Nazara Technologies (down around 4.6%) and others such as Cerebra Integra (down 4.0%).