23 February 2026
Nifty Monday Next Resistance 25800 chance to reach
1 Like
25 February 2026
Nifty -1%, IT -5% tells the real story
Nifty down ~1% looks like a normal weak session.
But Nifty IT down ~5% is the real signal. This is not broad panic. This is targeted selling in global-exposed names.
What market is pricing today:
-
US trade and tariff uncertainty is back in focus ahead of Trump’s speech.
When trade policy becomes unpredictable, US corporates delay discretionary spends first. IT projects are easy to pause. -
IT = direct US demand proxy
Large Indian IT companies have heavy US revenue exposure. Even a small slowdown in decision-making hits deal conversions and sentiment fast. -
Structural overhang: AI automation
Separate from tariffs, the street is already nervous about AI agents reducing manpower-heavy outsourcing work. That keeps valuations under pressure on every macro scare.
Why the broader market is not collapsing
Domestic sectors are holding relatively better. That suggests this is more global linkage stress, not a fresh India-specific shock.
What I’m watching next
-
Nasdaq / US tech futures tonight and tomorrow
-
USDINR (weak rupee supports IT margins, but risk-off selling can still dominate)
-
FII flows and large-cap IT breadth (how many IT stocks are red vs just a few)
-
Any hard tariff announcement vs just rhetoric
Today looks like risk-off concentrated in IT, driven by US uncertainty plus AI narrative.
If this stays rhetoric, IT can bounce fast. If it turns into policy and US tech sentiment breaks, downside can extend.