Nifty IT

A Benchmark for India's Booming Tech Sector

As of Apr 24, 2026, the PE ratio is 19.96 and the PB ratio is 5.29

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Index Report

Easy-to-read, rules-based summary. Educational only.

1) Index Snapshot (1-minute read)

Nifty IT is at 28,530.60 as of Apr 24, 2026. 1Y CAGR is -24.34%. It is 37.33% below its recent peak. Current valuation: PE 19.96, PB 5.29.

As of

Apr 24, 2026

Current Value

28,530.60

PE / PB

19.96 / 5.29

Dividend Yield

3.93%

1Y CAGR

-24.34%

3Y CAGR

5Y CAGR

Volatility (1Y)

23.71%

Drawdown from Peak

37.33%

2) Valuation Zone

Zone is Very Cheap based on the last 15Y of PE/PB history.

Very Cheappercentile

PE 19.96vs 5Y avg 28.37 (-29.64%)

PE 19.96vs 10Y avg 28.37 (-29.64%)

PE 19.96vs 15Y avg 28.37 (-29.64%)

PB 5.29vs 5Y avg 7.64 (-30.72%)

PB 5.29vs 10Y avg 7.64 (-30.72%)

PB 5.29vs 15Y avg 7.64 (-30.72%)

3) Earnings Growth Health

Trend:Stable

Composite proxy: 5.83% (weighted 1Y/3Y/5Y/10Y/15Y).

Status map: 1Y Stable.

1YStable

Price CAGR: -24.34%

PE CAGR: -30.16%

Proxy: 5.83%

3YN/A

Price CAGR: -

PE CAGR: -

Proxy: -

5YN/A

Price CAGR: -

PE CAGR: -

Proxy: -

10YN/A

Price CAGR: -

PE CAGR: -

Proxy: -

15YN/A

Price CAGR: -

PE CAGR: -

Proxy: -

Proxy = price CAGR minus PE CAGR. Overall trend uses weighted proxy across 1Y/3Y/5Y/10Y/15Y, so single-year noise has less impact.

4) Sector Contribution Breakdown

Based on constituent counts (weights not available).

Information Technology

100.00%

5) Risk Signals

Volatility is moderate (23.71%).
Index is 37.33% below its recent peak.
Valuation is supportive vs history.

Signals are descriptive, not predictions.

6) Action Guidance

SIP

Increase

Consider increasing SIP if cashflow allows.

Lump-sum

Yes

A small, staggered lump-sum can be considered.

Rules-based guidance for long-term investors. Not a buy/sell call.

7) Index vs Inflation vs FD

Inflation and FD rates are not configured yet.

Supporting Guides

Intent-focused pages connected to this index.

Nifty IT PE Ratio: Current and Historical Context
Current PE ratio, long-term averages, and valuation percentile for Nifty IT.
Nifty IT PB Ratio: Current and Historical Context
Current PB ratio, long-term averages, and valuation percentile for Nifty IT.
Nifty IT Dividend Yield: Current Yield and Trend
Current dividend yield and historical yield context for Nifty IT.
Nifty IT Returns: Historical Performance
Historical return windows, drawdown, and volatility for Nifty IT.
Nifty IT Constituents and Sector Mix
Companies, industries, and sector exposure available for Nifty IT.
Nifty IT ETF List and Comparison
ETF trackers and available expense data for Nifty IT.
Nifty IT Valuation: Cheap, Fair, or Expensive?
A data-driven valuation view for Nifty IT using current and historical index metrics.

Technical Signals

OverboughtDeath Cross Active

Historical vs. Current Market

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

Greedy				Fear						Current Market _{Apr 24, 2026}
PE	PB	DIV	Points	PE	PB	DIV	Points	Fall(%)	~	PE	PB	DIV	MRI Level
Jan 16, 2020				Mar 24, 2020					~	19.96	5.29	3.93
21.46	5.36	1.93	16381.65	15.40	3.83	2.66	11865.05	-27.57		6.99 29.61	1.31 38.12	103.63 47.74	73
Mar 02, 2015				Feb 26, 2016
22.87	7.17	1.13	12663.00	18.24	5.52	2.80	10463.00	-17.37		12.72 9.43	26.22 4.17	247.79 40.36	96
Nov 01, 2010				Dec 01, 2011
26.11	6.93	1.07	6670.00	20.24	5.54	1.81	5996.40	-10.1		23.55 1.38	23.67 4.51	267.29 117.13	100
Jan 03, 2008				Oct 27, 2008
23.44	7.59	0.98	4616.80	10.67	3.27	2.61	2380.90	-48.43		14.85 87.07	30.3 61.77	301.02 50.57	40
May 10, 2006				Jun 14, 2006
35.55	12.22	0.62	4443.00	25.86	8.41	1.22	3219.30	-27.54		43.85 22.82	56.71 37.1	533.87 222.13	100

Recent Performance

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

Recent High				Recent Low						Current Market _{Apr 24, 2026}
PE	PB	DIV	Points	PE	PB	DIV	Points	Fall(%)	~	PE	PB	DIV	Points
Dec 18, 2024				Apr 24, 2026					~	Apr 24, 2026
36.04	9.37	1.79	45526.85	19.96	5.29	3.93	28530.60	-37.33		19.96	5.29	3.93	28530.60 (0% )

Performance

Past performance returns (%) of the index

#	1D	1W	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	15Y
Nifty IT	-5.29	-10.33	-5.33	-26.26	-19.92	-14.31	-	-	-	-	-
Compare	-	-	-	-	-	-	-	-	-	-	-

Fundamentals

Nifty IT

PE	PB	Div
19.96	5.29	3.93

Exchange Traded Funds (ETF)

Available ETFs tracking this index

Exchange Trade Fund ( ETF )

Name of the ETF	Expense
Aditya Birla Sun Life Nifty IT ETF
ICICI Prudential IT ETF	0.20
Kotak IT ETF	0.22
SBI ETF IT
Axis Technology ETF	0.22
Nippon India ETF Nifty IT	0.22

Index Companies

Companies included in this index

Companies

Name of the company	Industry	Symbol
Coforge Ltd.	Information Technology	COFORGE
HCL Technologies Ltd.	Information Technology	HCLTECH
Infosys Ltd.	Information Technology	INFY
L&T Technology Services Ltd.	Information Technology	LTTS
Larsen & Toubro Infotech Ltd.	Information Technology	LTI
MindTree Ltd.	Information Technology	MINDTREE
MphasiS Ltd.	Information Technology	MPHASIS
Tata Consultancy Services Ltd.	Information Technology	TCS
Tech Mahindra Ltd.	Information Technology	TECHM
Wipro Ltd.	Information Technology	WIPRO

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