Infosys Leads Nifty Losers on Thursday as IT Stocks Bear the Brunt

Mumbai, May 14: Infosys was Thursday’s top loser on the Nifty 50, declining 2.58 per cent to trade at ₹1,094.10 even as the broader market staged a sharp relief rally, with information technology stocks taking the hardest hit as persistent concerns over slowing global technology spending, a stubbornly hawkish US Federal Reserve, and a stronger-than-expected domestic WPI inflation print kept institutional investors on the sell side for software exporters. Tech Mahindra, HCL Technologies, Coal India, TCS, and Hindustan Unilever also featured among the top six index losers, falling between 0.78 per cent and 2.58 per cent as sectoral rotation accelerated away from IT and defensives toward infrastructure, metals, and large-cap financials. 

Infosys: Top Loser 

Infosys was the biggest Nifty 50 decliner on Thursday, falling 2.58 per cent to trade at ₹1,094.10, down from its previous close of ₹1,123.10 on the NSE. India’s second-largest IT services company opened at ₹1,119.80, briefly touched an intraday high of ₹1,121.90 before a sharp reversal drove it to a session low of ₹1,089. Around 1.69 crore shares worth approximately ₹18,576 crore were traded during the session. Infosys bore the brunt of renewed selling pressure as fresh US economic data reinforced the view that discretionary technology spending at large American enterprises will remain constrained through at least the first half of calendar year 2027, directly clouding the deal-flow and revenue visibility outlook for India’s bellwether IT exporter. 

Tech Mahindra 

Tech Mahindra was the second-biggest Nifty 50 loser on Thursday, sliding 2.33 per cent to trade at ₹1,343, down from its previous close of ₹1,375. The IT major opened at ₹1,370, touched a brief intraday high of ₹1,374 before declining to a session low of ₹1,327.30. Around 23.37 lakh shares worth approximately ₹3,143 crore were traded. Tech Mahindra’s continued weakness reflected the broader sector headwind compounded by stock-specific concerns around margin recovery timelines, with analysts flagging that the company’s telecom vertical — a key revenue contributor — remains under pressure as global telecom capex budgets face fresh scrutiny amid rising energy and infrastructure costs. 

HCL Technologies 

HCL Technologies was the third-biggest Nifty 50 loser on Thursday, falling 1.69 per cent to trade at ₹1,123.90, down from its previous close of ₹1,143.20. India’s third-largest IT company opened at ₹1,139, reached an intraday high of ₹1,143.20 before retreating to a session low of ₹1,103.40. HCL Tech’s decline mirrored the sector-wide pressure, with the Nifty IT index emerging as one of the weakest sectoral performers on an otherwise strong Thursday for the broader market, as investors continued to prefer domestically-oriented large-caps over export-driven technology names in the current macro environment. 

Coal India 

Coal India was the fourth-biggest Nifty 50 loser on Thursday, declining 1.17 per cent to trade at ₹456.85, down from its previous close of ₹462.25. The state-owned mining giant opened at ₹464, touched an intraday high of ₹469.80 before sliding to a session low of ₹451.45. Coal India’s weakness came despite a strong broader market session, with investors rotating proceeds into higher-beta plays that stood to benefit more directly from easing geopolitical tensions, while concerns about the company’s long-term volume outlook in a world increasingly focused on energy transition added a structural overhang to the counter. 

TCS 

Tata Consultancy Services was the fifth-biggest Nifty 50 loser on Thursday, slipping 1.01 per cent to trade at ₹2,249.90, down from its previous close of ₹2,272.80. India’s largest IT company by market capitalisation opened at ₹2,265, touched an intraday high of ₹2,265 before retreating to a session low of ₹2,206.40. TCS’s decline underscored the broad-based nature of IT selling on Thursday, with the stock unable to find any meaningful buying support despite its premium valuation and strong balance sheet, as macro concerns around US client budgets continued to dominate the sector’s short-term trading narrative. 

HUL 

Hindustan Unilever rounded out the top six Nifty 50 losers on Thursday, declining 0.78 per cent to trade at ₹2,249.60, down from its previous close of ₹2,267.30. India’s largest consumer goods company opened at ₹2,268, touched an intraday high of ₹2,285.90 before sliding to a session low of ₹2,245. HUL’s softness reflected investor caution around the FMCG sector’s near-term earnings outlook, as the sharp spike in WPI inflation to a 42-month high signals rising input and logistics costs that may squeeze margins in the coming quarters, even as rural demand recovery remains gradual and urban consumption shows signs of fatigue. 

Source: https://www.nseindia.com/market-data/top-gainers-losers 

 Nifty Stocks That End With Losses on Thursday 

Source: NSE · Nifty 50 losers · 14 May 2026