Markets Decline in Early Trade Dragged Down by Selling Pressure in IT Stocks; TCS Down by 2%

Markets decline in early trade dragged down by selling pressure in IT stocks; TCS down by 2%

Mumbai: Benchmark indices Sensex and Nifty declined in early trade on Friday dragged down by selling pressure in IT stocks post earnings announcement by TCS. The 30-share BSE Sensex dropped 398.45 points to 82,791.83 in early trade. The 50-share NSE Nifty declined 111.25 points to 25,244. From the Sensex firms, Tata Consultancy Services traded nearly 2 per cent lower after reporting its June quarter earnings. Country's largest IT services compan…

IT stocks: Nifty IT index fell 1% due to poor of TCS, shares of Infosys, Wipro and LTIMindtree fell - Business League

IT stocks: Market experts say that TCS’s first quarter results indicate a continuing period of struggle for IT companies, especially large IT companies IT stocks: The Nifty IT index fell in early trade on Friday, July 11, as investors rushed to sell their holdings after India’s largest IT services company Tata Consultancy Services posted poor results for the quarter ended June 30, 2025. Around 9.30 am, the Nifty IT index was down 1.2 per cent at…

Stock Market today: Sensex, Nifty decline; IT stocks drag

Mumbai: The BSE Sensex dropped 352.91 points to 82,837.37 in morning trade on July 11, 2025, Friday. The NSE Nifty declined 91.60 points to 25,263.65. The benchmark indices declined as selling was reported in IT stocks post earnings announcement by TCS. According to exchange data, Foreign Institutional Investors (FIIs) purchased equities worth Rs 221.06 crore on 10th July. From the Sensex pack, Tata Consultancy Services (TCS) was down nearly 2 p…