Nifty IT means
Nifty IT is an index of the National Stock Exchange of India which we know as Nifty IT Index. It includes strong IT companies of India, by looking at which we can know how the IT sector of India is and can also keep an eye on its performance.
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| Nifty IT Companies |
Nifty IT companies list 2024
Nifty IT Companies consists of 10 big strong and famous companies of India which you can see below and it is linked to both NSE and BSE in Indian Stock Market
- Wipro
- L&T Technology Services
- Tech Mahindra
- Persistent Systems set
- LTI Mindtree
- Coforge
- HCL Technologies
- Infosys
- Mphasis
- Tata Consultancy Services
Nifty IT returns
Talking about Nifty IT Companies, the record high of 52 weeks is 43645 and low is 30054. If we look at the normal returns, the CAGR of the last 20 years is 16%
Nifty IT Performance
Talking about Nifty IT Companies performance, in the last 10 years, Nifty IT was 9200 in November 2016 but now it has touched 45645 in September 2024, you can guess from this. How great its performance has been, if I talk about the last 10 years, it has given a return of 272 percent in 10 years.
And at the same time, it has given 177 percent return in the last 5 years and 51% in 2 years and 32 percent in 1 year. It has given a return of 22% in the last 6 months and 8% in 3 months today, which is very good. In the coming time, the IT sector can be promoted even more. Right now there are only a few IT companies in India.