{"id":4169,"date":"2025-02-19T10:22:48","date_gmt":"2025-02-19T10:22:48","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=4169"},"modified":"2025-02-19T10:22:48","modified_gmt":"2025-02-19T10:22:48","slug":"tcs-infosys-other-it-stocks-decline-as-trumps-reciprocal-tariffs-raise-concerns","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/tcs-infosys-other-it-stocks-decline-as-trumps-reciprocal-tariffs-raise-concerns\/","title":{"rendered":"TCS, Infosys, Other IT Stocks Decline as Trump\u2019s Reciprocal Tariffs Raise Concerns"},"content":{"rendered":"

Indian IT stocks, including Tata Consultancy Services (TCS), Infosys, and LTI Mindtree<\/strong>, fell by up to 3.5%<\/strong> on February 19 amid concerns over US President Donald Trump’s newly announced reciprocal tariffs<\/strong>. The Nifty IT index<\/strong> dropped nearly 600 points (1.38%)<\/strong>, reflecting investor concerns over potential disruptions to the Indian IT sector.<\/p>\n

US Tariffs Trigger Sell-Off in IT Stocks<\/strong><\/h2>\n

On February 13<\/strong>, President Donald Trump<\/strong> announced a set of reciprocal tariffs<\/strong> to curb the US trade deficit<\/strong>, set to take effect from April 2025<\/strong>. The move has led investors to shift away from export-oriented stocks<\/strong>, including IT and pharmaceutical companies<\/strong>, as these sectors are heavily reliant on US markets for revenue<\/strong>.<\/p>\n

With Indian IT companies such as TCS, Infosys, and Wipro generating a significant share of their revenue from the US<\/strong>, market sentiment has turned negative, leading to a sharp decline in stock prices.<\/p>\n

Stock Performance: IT Sector Faces Broad-Based Decline<\/strong><\/h2>\n
    \n
  • LTI Mindtree (-3.46%)<\/strong> \u2013 \u20b95,472 per share<\/strong> (biggest loser in the Nifty IT index)<\/li>\n
  • TCS (-2.63%)<\/strong> \u2013 \u20b93,771 per share<\/strong> (eight-month low, close to its 52-week low<\/strong> of \u20b93,591.50)<\/li>\n
  • Infosys (-2%)<\/strong> \u2013 \u20b91,816 per share<\/strong> (down 9% from its 52-week high<\/strong> of \u20b92,006 in December 2024)<\/li>\n
  • HCL Technologies, Tech Mahindra, L&T Technology Services (LTTS)<\/strong> \u2013 Down nearly 1%<\/strong><\/li>\n<\/ul>\n

    The Nifty IT index<\/strong>, a key benchmark for Indian IT stocks, dropped to 40,890.10<\/strong>, reflecting the bearish sentiment in the market.<\/p>\n

    Selective Gains in IT Stocks Less Exposed to the US Market<\/strong><\/h2>\n

    Despite the broad sell-off, some IT stocks showed resilience, particularly those less dependent on the BFSI (Banking, Financial Services, and Insurance) sector<\/strong> in the US:<\/p>\n

      \n
    • Persistent Systems, Mphasis, and Coforge<\/strong> \u2013 Up nearly 1%<\/strong><\/li>\n
    • Wipro<\/strong> \u2013 \u20b9313 per share<\/strong>, trading slightly in the green due to its higher focus on consultancy services<\/strong> rather than exports.<\/li>\n<\/ul>\n

      Market Outlook: What\u2019s Next for Indian IT Stocks?<\/strong><\/h2>\n

      With Trump\u2019s tariffs set to take effect in April 2025<\/strong>, investors are expected to remain cautious about Indian IT stocks. Key factors that will shape the sector\u2019s performance in the coming months include:<\/p>\n

        \n
      • Clarifications on US trade policies<\/strong> \u2013 The extent of impact on Indian software exports and IT outsourcing<\/strong> will depend on further details from US regulators.<\/li>\n
      • US corporate spending trends<\/strong> \u2013 Any reduction in technology budgets<\/strong> due to economic uncertainty could affect the growth of Indian IT companies.<\/li>\n
      • Long-term buying opportunities<\/strong> \u2013 If the current downturn continues, institutional investors may see value in quality IT stocks<\/strong> at lower valuations.<\/li>\n<\/ul>\n

        As the IT sector navigates global trade uncertainties<\/strong>, market participants will closely monitor developments around US trade policies, tariff structures, and IT spending trends<\/strong> in the coming months.<\/p>\n","protected":false},"excerpt":{"rendered":"

        Indian IT stocks, including Tata Consultancy Services (TCS), Infosys, and LTI Mindtree, fell by up to 3.5% on February 19 amid concerns over US President Donald Trump’s newly announced reciprocal tariffs. The Nifty IT index dropped nearly 600 points (1.38%), reflecting investor concerns over potential disruptions to the Indian IT sector. US Tariffs Trigger Sell-Off […]<\/p>\n","protected":false},"author":4,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1331],"class_list":{"0":"post-4169","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1331,"user_id":4,"is_guest":0,"slug":"sourabh","display_name":"Sourabh Sharma","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/4169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=4169"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/4169\/revisions"}],"predecessor-version":[{"id":4171,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/4169\/revisions\/4171"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/4170"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=4169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=4169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=4169"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=4169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}