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ITHigh impactAfter close

IT stocks face worst performance in 18 years

after close1 source ↓written by the desknot a recommendation

in H1 2026
31%
are trading near
52-week lows
in 2008
54.56%

IT stocks are set for their worst performance in 18 years, with the Nifty IT index down 31% in H1 2026. Major players like TCS, Infosys, and Tech Mahindra are trading near 52-week lows, impacting investor sentiment. The last significant correction was 54.56% in 2008 during the global financial crisis. 📉

• TCS at ₹2037.50

• Infosys at ₹1006

• Tech Mahindra at ₹1304.25

• Wipro at ₹169.40

The IT sector remains the worst performing in the Indian market this year.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 1 Jul 2026, 16:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TCS closed +4.3% on the day of the news, from ₹1,982.60 to ₹2,068.10; Nifty +0.7% over the same session; futures OI −2.9%.

Bulletin at 16:05 IST on 1 Jul 2026. Every change is measured from ₹1,982.60, the last close before it, on 1 Jul. Nifty 50 is measured over the same sessions.

  • TCS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TCS closes around the bulletin against the close before the news, with Nifty 50 rebased to it173819832228axis spans 28%before the news · 1 Jul1983Nifty 50TCSbulletinD0+1+3+524 Jun7 Jul16 JulFutures open interest, lotspeak 2.4 LReference close ₹1,982.60. 16 sessions from 24 Jun to 16 Jul; the price axis spans 28 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before1 Jul₹1,982.60basebase
On the day2 Jul₹2,068.10▲ +4.3%▲ +0.7%+3.6 pp difference
+1 session3 Jul₹2,093.50▲ +5.6%▲ +1.1%+4.5 pp difference
+3 sessions7 Jul₹2,096.10▲ +5.7%▲ +1.6%+4.1 pp difference
+5 sessions9 Jul₹2,049.50▲ +3.4%▼ −0.2%+3.5 pp difference
Gap at the open, % · ₹
▲ +1.3%+25.38 on 2 Jul
Day's range, % · ₹
3.8%≈ 74 high to low
Volume on the day
1.14×the 20-session average
Futures OI on the day
▼ −2.9%−6,800 lots · short covering · price +4.3%
Futures OI open, lots
2.2 L2 Jul · 28 Jul expiry
Futures premium, ₹
−1.40−0.1% to spot
Puts per call, by OI
0.74from 0.73 the session before
Max pain
2,100from 2,100 the session before

Source NSE UDiFF bhavcopy · TCS on the desk →

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