IT Stocks Today: HCLTech tanks 7.76%, TCS and Infosys also decline; Tata Elxsi gains 1.72%

IT stocks witnessed mixed movements in early trading as of 9:21 AM. HCLTech led the decline with a sharp drop of 7.76%, trading at ₹1,835.05 (-₹154.35).

Key Performers:

Advertisement

  • Tata Elxsi gained 1.72%, trading at ₹6,044.00, up ₹102.40.
  • Oracle Financial Services Software (OFSS) rose 1.11%, trading at ₹10,967.55, up ₹120.70.
  • Tata Tech increased 1.52% to ₹807.00, up ₹12.10.
  • Infosys slipped marginally by 0.21%, trading at ₹1,958.00, down ₹4.20.
  • TCS dropped 0.29%, trading at ₹4,278.55, down ₹12.55.

Other notable moves:

  • Persistent Systems fell 0.27% to ₹5,987.30.
  • Tech Mahindra saw a decline of 0.66%, trading at ₹1,648.75.
  • Coforge gained 0.78%, trading at ₹8,773.30.

IT stocks are showing diverse trends, with HCLTech leading the losses following its weak quarterly performance.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult a financial advisor before making investment decisions.