IT sector stocks extend losses in midday trade today, Feb 24: HCL Tech falls 5.41%, Infosys down 4.11%, TCS drops 3.43%

Indian IT sector stocks experienced further declines in midday trading on February 24, 2026.

The S&P BSE IT Index stood at approximately 29,342.41, down 4.20% during the session. This follows a significant correction, with the index down around 20.3% over the last 30 days and 26.7% over the past year.

The benchmark S&P BSE SENSEX was at 82,421.23, lower by 1.05%, while the NIFTY 50 traded at 25,462.90, down 0.97%.

Key large-cap IT stocks showed notable losses (midday prices and percentage changes):

• HCL Technologies: BSE ₹1,350.05 (-5.35%), NSE ₹1,349.10 (-5.41%)
• Tech Mahindra: BSE ₹1,362.90 (-5.47%), NSE ₹1,359.10 (-5.68%)
• Infosys: BSE ₹1,275.65 (-3.97%), NSE ₹1,273.00 (-4.11%)
• TCS: BSE ₹2,588.00 (-3.28%), NSE ₹2,584.50 (-3.43%)
• Oracle Financial Services: BSE ₹6,448.00 (-3.30%), NSE ₹6,434.50 (-3.52%)
• Mphasis: BSE ₹2,251.45 (-2.49%), NSE ₹2,250.50 (-2.57%)
• Wipro: BSE ₹200.10 (-2.84%), NSE ₹200.08 (-2.82%)
• Info Edge: BSE ₹1,029.20 (-3.73%), NSE ₹1,028.40 (-3.86%)

Within the IT large-cap space, declines were widespread, with Tech Mahindra and HCL Technologies among the top losers in percentage terms.

Note: Prices are as of around 12:01 PM to 12:04 PM IST on BSE and NSE, respectively, and subject to change with ongoing trading. This reflects reported midday levels on February 24, 2026.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.