Nifty at record high, but underperforming IT stocks still down up to 50% from peak
Indian benchmark indices Nifty 50 and Sensex hit fresh record highs of 26,306.95 and 86,026.18, respectively, on Thursday, November 27. While the indices have gained up to nearly 11% this year, so far, IT stocks have bucked the trend. The Nifty IT index has declined 13% in 2025, till date. Largecap IT stocks are up to 50% off their all-time highs. followed by largecap stocks that are down up to 30% from their record high. However, midcap IT stocks have greatly outperformed.
Indian benchmark indices Nifty 50 and Sensex hit fresh record highs of 26,306.95 and 86,026.18, respectively, on Thursday, November 27. While the indices have gained up to nearly 11% this year, so far, IT stocks have bucked the trend. The Nifty IT index has declined 13% in 2025, till date. Largecap IT stocks are up to 50% off their all-time highs. followed by largecap stocks that are down up to 30% from their record high. However, midcap IT stocks have greatly outperformed.
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