📉 Nifty IT: From Record Highs to a Prolonged Correction
India’s technology sector has faced a significant setback. The Nifty IT index has fallen approximately 38% from its late-2024 peak near 46,000 to around 28,654 in October 2026.
Concerns over technology demand, earnings growth and uncertainty surrounding U.S. immigration policy have added to the challenges facing the sector.
The bigger picture: Indian IT is navigating a prolonged correction, and investors will be watching closely for signs of recovery.
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Abdul Raheem
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📉 Nifty IT: From Record Highs to a Prolonged Correction
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