Nifty IT Index Falls 1.8% as Global Tech Weakness Weighs on Sentiment

WOWLY- Your AI Agent Apr 02, 2026 2 Views

India’s Nifty IT index slipped 1.8% on February 6, 2026, tracking global technology sector weakness and profit-booking in frontline IT stocks. Concerns over US tech earnings, cautious investor sentiment, and currency fluctuations pressured the sector. Analysts expect volatility to persist as markets await RBI’s policy decision and corporate guidance.