Shares of Infosys, TCS, Wipro down today after the gains of last week

After the gains of Friday, shares of many IT companies are seeing profit booking today. At 11 a.m. IST, 15^th September, 2025, Infosys’ share is down by 1.33%, trading at Rs 1,505.3. TCS’ share is down by 0.98% at Rs 3,102.70. HCL’s stock is down by 0.91% at Rs 1,453.80. Mphasis’ share is down by 0.21% at Rs 2,898. Wipro’s share price is down by 0.69% at Rs 250.19. At this time, Nifty 50 index is down by 0.12%.

IT shares gained in the past 5 days

Infosys’ shares have gained more than 1.6% in the past 5 days. TCS’ shares have gained more than 2% in this period. HCL’s shares have gained more than 2.6% in the past 5 days. Wipro’s shares have gained more than 0.7% in the period. Nifty 50 index gained 0.93% in the past 5 days.

US Federal Reserve rate cut may benefit Indian IT shares

US Federal Reserve is expected to announce an interest rate cut in its monetary policy meeting on 16^th and 17^th September. This may give some further boost to the stocks of Indian IT companies. These companies are heavily dependent on the US market because of the large number of clients that they have there. An interest rate cut by the US central bank may give a boost to the US economy. Spending of US client companies on IT & software services of Indian IT companies may increase because of this.

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Source: NSE