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REPORT / TECHTech

Indian IT sector stocks decline on August 31

Shares of several Indian IT companies declined on August 31, with Mastek and Newgen Software Technologies recording the sharpest falls among the stocks listed in the research data.

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Rights unverified / businessupturn.com

Shares of several Indian IT companies declined on the Indian market on August 31, 2026, with Mastek, Newgen Software Technologies, Infosys, Tata Consultancy Services, Wipro, HCL Technologies, LTIMindtree and Persistent Systems recording losses. The research data does not identify a specific reason for the declines.

Mastek shares fell 5.75% to ₹1,792 on the NSE. Newgen Software Technologies declined 5.47% to ₹536.10 on the NSE. Persistent Systems dropped 3.96% to ₹5,642.50 on the NSE, while LTIMindtree declined 2.47% to ₹4,559.30 on the NSE.

Infosys shares were down 2.23% at ₹1,118.50. Wipro declined 1.76% to ₹177.76, and Tata Consultancy Services fell 1.20% to ₹2,314. HCL Technologies recorded a comparatively smaller decline of 0.69% to ₹1,307.

The figures cover a group of large and mid-sized technology companies listed in the research packet. They show declines across the named stocks, but the available information does not establish whether the movement was linked to company-specific developments, broader market conditions or any other factor.

The research data also does not provide opening levels, trading volumes, intraday highs or lows, or comparative performance for a wider market index. As a result, the figures indicate the reported closing or quoted levels and percentage changes for the individual stocks, without providing a broader explanation for the session’s movement.

REFERENCE FILE

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