Nifty IT Extends Decline: Down 4% as Sector May Face Structural Repricing
The Nifty IT Index fell another 4 percent in morning trade Wednesday, closing at 33,583—a level that marks a deep 11 percent decline in CY2026 alone. What started as isolated selloffs around AI announcements has hardened into a sustained downtrend, its apparent, with each relief rally failing to reclaim lost ground. The chart tells an … Read more