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The National Stock Exchange (NSE) in Mumbai, India, on Wednesday, Feb. 19, 2025. Carlyle Group Inc.
’s Hexaware Technologies Ltd. rallied on Wednesday after India’s first billion-dollar initial public offering of 2025, signaling investor appetite for new listings remains strong despite the weakness in broader markets. Photo by Indranil Aditya/Bloomberg | Photo Credit: Indranil Aditya TCS , Infosys , Wipro , Tech Mahindra , HCL Tech , Coforge stocks today, Indian IT share price live updates: Shares of Coforge, Wipro, Persistent Systems, Infosys, Mphasis, LTIMindtree, HCL Tech, Tech Mahindra and TCS continued to trade in the negative territory.
Selling pressure continues amid weak global cues and US President Donald Trump ’s tariff announcements. After slumping over 4% on Thursday, the Nifty IT index declined further by 2% on Friday’s early trade. While India’s IT services sector remains shielded from the latest US tariff hikes, industry experts warn of broader economic ramifications.
Experts also stress that India’s IT services sector, a major economic driver with $205.2 billion in exports in FY24, remains resilient, buoyed by strong US-India collaboration and demand for AI, cybersecurity, and enterprise tech solutions. However, reciprocal tariffs may pressure industries reliant on IT spending, prompting businesses to optimise costs and automate processes.
Read more Published on April 4, 2025.
