The Indian IT sector experienced a decline on March 19, 2026, during early trading hours, aligning with broader market weakness. The S&P BSE IT Index stood at 28,120.58, down 1.77% (approximately 1.8%). The benchmark S&P BSE Sensex was at 74,974.42, down 2.26%, while the Nifty 50 (not listed on BSE but referenced) was at 23,242.70, down 2.25%.
This reflected ongoing pressure on IT stocks, which have faced challenges throughout 2026, including a 12.1% drop over the last 30 days and a 20.6% loss over the past year for the BSE IT Index.
Key IT Stock Performance (as of ~9:57-9:59 AM IST)
Most IT stocks traded lower on BSE and NSE:
- KPIT Technologies: BSE 663.65 (-3.83%), NSE 663.45 (-3.60%)
- Newgen Software: BSE 445.30 (-3.12%), NSE 445.40 (-3.12%)
- Zensar Technologies: BSE 561.30 (-3.11%), NSE 561.05 (-3.18%)
- Sonata Software: BSE 233.55 (-2.91%), NSE 233.60 (-3.03%)
- Infibeam Avenues: BSE 14.31 (-2.92%), NSE 14.30 (-2.72%)
- Infosys: BSE 1,240.90 (-2.09%), NSE 1,239.20 (-2.20%)
- Tata Elxsi: BSE 4,105.65 (-2.39%), NSE 4,099.20 (-2.57%)
- Wipro: BSE 190.50 (-2.01%), NSE 190.25 (-2.08%)
- Tech Mahindra: BSE 1,358.80 (-1.99%), NSE 1,358.60 (-1.92%)
- HCL Technologies: BSE 1,339.00 (-1.36%), NSE 1,337.90 (-1.42%)
- TCS: BSE 2,405.55 (-1.46%), NSE 2,404.60 (-1.48%)
Exceptions included:
- Sasken Technologies: BSE 1,187.00 (+3.21%), NSE 1,197.00 (+4.05%)
- R Systems Intl: BSE 263.80 (+0.40%), NSE 263.80 (+0.44%)
- Mindtree: BSE 3,433.35 (+0.09%), NSE 3,433.85 (+0.14%)
Other notable movers: Cyient down ~1-1.5%, Persistent Systems down ~1.5%, LTIMindtree down ~1%.
Note: Market data is from early trading (around 10 AM IST) and subject to change throughout the session. For real-time updates, refer to official BSE/NSE sources.
Also Read: Banking sector stocks fall sharply today, March 19: HDFC Bank down 5%, IDBI Bank decline 4%, Axis Bank falls 3.44%