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Nifty IT

A Benchmark for India's Booming Tech Sector

As of Oct 01, 2024, the PE ratio is 34.80 and the PB ratio is 8.73

About

The Nifty IT Index is your gateway to India's booming Information Technology (IT) sector. This influential index tracks the performance of the top 10 IT companies driving India's economic growth, including industry giants like Infosys, TCS, HCL, and Wipro. By following the Nifty IT Index, you gain valuable insights into the sector's health and growth potential, empowering you to make informed investment decisions.

Portfolio Characteristics

MethodologyPeriodic capped free-float
No. of Constituents10
Launch Date0000-00-00
Calculation FrequencyReal-Time
Index RebalancingSemi - Annually

Historical vs. Current Market

Compare its historical behavior with the current market environment to gain insights into potential trends.

GreedyFearCurrent Market Oct 01, 2024
PEPBDIVPointsPEPBDIVPointsFall(%)~PEPBDIVMRI
Level
Jan 16, 2020Mar 24, 2020~34.808.731.85
21.465.361.9316381.6515.403.832.6611865.05-27.57

62.16

125.97

62.87

127.94

4.15

30.45

14
Mar 02, 2015Feb 26, 2016
22.877.171.1312663.0018.245.522.8010463.00-17.37

52.16

90.79

21.76

58.15

63.72

33.93

34
Nov 01, 2010Dec 01, 2011
26.116.931.076670.0020.245.541.815996.40-10.1

33.28

71.94

25.97

57.58

72.9

2.21

48
Jan 03, 2008Oct 27, 2008
23.447.590.984616.8010.673.272.612380.90-48.43

48.46

226.15

15.02

166.97

88.78

29.12

14
May 10, 2006Jun 14, 2006
35.5512.220.624443.0025.868.411.223219.30-27.54

2.11

34.57

28.56

3.8

198.39

51.64

84

Recent Performance

Analyze the recent performance of the Nifty IT, including its recent highs and lows

Recent HighRecent LowCurrent Market Oct 01, 2024
PEPBDIVPointsPEPBDIVPointsFall(%)~PEPBDIVPoints
Sep 17, 2024Sep 19, 2024~Oct 01, 2024
35.488.981.7943415.0034.288.671.8641945.60-3.38

34.808.731.8542434.80 (1.17% )

Chart

Compare Nifty IT: Price, PE, PB, and Dividend Yield.

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Perfomance

Past perfomance returns(%) of the index

#1D1W1M3M6M1Y3Y5Y7Y10Y15Y
Nifty IT1.171.072.0812.520.3931.3418.0185.25169.9191.92270.45

Fundamentals

Nifty IT

PEPBDiv
34.808.731.85
Exchange Trade Fund ( ETF )
Name of the ETFExpense
Aditya Birla Sun Life Nifty IT ETF
ICICI Prudential IT ETF0.20
Kotak IT ETF0.22
SBI ETF IT
Axis Technology ETF0.22
Nippon India ETF Nifty IT0.22
Companies
Name of the companyIndustrySymbol
Coforge Ltd.Information TechnologyCOFORGE
HCL Technologies Ltd.Information TechnologyHCLTECH
Infosys Ltd.Information TechnologyINFY
L&T Technology Services Ltd.Information TechnologyLTTS
Larsen & Toubro Infotech Ltd.Information TechnologyLTI
MindTree Ltd.Information TechnologyMINDTREE
MphasiS Ltd.Information TechnologyMPHASIS
Tata Consultancy Services Ltd.Information TechnologyTCS
Tech Mahindra Ltd.Information TechnologyTECHM
Wipro Ltd.Information TechnologyWIPRO