IT shares see selling as Nifty, Sensex start the day in red

Indian equity markets have started the day in red today, 18^th November, 2025. At 9:50 a.m. IST, Nifty 50 is down by 63.10 points or 0.24%. Sensex is down by 156.68 points or 0.18%. Indian markets are seeing some short term profit booking after the gains of yesterday.

Technology stocks are seeing selling today in Indian markets too. This in in line with the selling pressure seen in technology stocks yesterday in US markets. Asian markets also opened sharply in red today because of the selling in technology stocks.  Taiwan Semiconductor Manufacturing Company’s (TSMC) share price is down by 2.42% at this time. TSMC is one of the biggest manufacturers of Artificial Intelligence (AI) chips.

Technology stock seeing selling on fears of AI bubble

Technology stocks are seeing selling as fears of a bubble in AI stocks have increased. Indian IT companies have exposure to Artificial Intelligence (AI). This, because of the AI related software services that they have started offering. TCS has also committed to invest $1 billion in setting up a data center in India.

At this time TCS shares are down by 16.30 points or 0.53%. Infosys shares are down by 16.40 points or 1.09%. HCL Tech shares are down by 12.70 points or 0.79%. Nifty IT index is down by 0.93% at this time.

Nifty Metal index down by more than 1%

All the sectoral indices are in red at NSE at this time. Nifty Metal index is the top loser among sectoral indices at this time. It is down by 1.48%. JSW steel shares are down by 1.26% at this time, trading at Rs 1,160. Tata Steel shares are down by 1.48%, trading at Rs 170.60.

Market breadth is very negative at this time. 740 stocks are gaining at NSE. 2007 stocks are declining. That is an advance-to-decline ratio of just around 0.37.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source : NSE