{
  "type": "article",
  "title": "IT Stocks Slide Sharply Even as Sensex and Nifty Open in the Green",
  "summary": "After two straight days of losses, Indian benchmarks opened modestly higher on Wednesday, but heavyweight IT stocks led by TCS came under heavy selling pressure.",
  "content": "After enduring two consecutive sessions of steep losses, the domestic stock market offered some relief on Wednesday, 15 July 2026, opening in the green. The BSE Sensex began the day up 137.82 points, or 0.18 percent, at 77,192.76, while the NSE Nifty 50 index climbed 33.80 points, or 0.14 percent, to open at 24,085.85. Yet the early gains were overshadowed by the technology sector, where marquee names saw aggressive selling.\n\nGlobal Tensions in the Background\nSentiment continues to be shaped by tensions in West Asia. Air strikes between Iran and the United States are still ongoing, keeping investors cautious. There was, however, one piece of relief: Donald Trump has rolled back a plan to impose a 20 percent transit fee on cargo passing through the Strait of Hormuz. Since the waterway is critical to global oil supplies, the decision to shelve the levy was read as a small positive for the market.\n\nTCS Under the Most Pressure\nOn Wednesday, 21 of the 30 Sensex companies opened higher while 7 slipped into the red. Power Grid and Maruti Suzuki opened flat, with no change. On the Nifty 50, 37 of the 50 constituents began the session higher and the remaining 13 traded lower. Among the Sensex stocks, Asian Paints was the top performer, opening up 1.13 percent. At the other end, the country's largest IT company, TCS, was the biggest loser, opening down 2.13 percent, a sign of the strain weighing on the entire IT space.\n\nStocks That Advanced\nThe list of gainers was long. Bajaj Finance opened up 1.05 percent, Axis Bank 0.93 percent, Bharti Airtel 0.82 percent, Adani Ports 0.76 percent, IndiGo 0.61 percent and Reliance Industries 0.53 percent. They were followed by HDFC Bank at 0.44 percent, Sun Pharma 0.43 percent, ICICI Bank 0.41 percent, Bajaj Finserv 0.40 percent, Trent 0.36 percent and Tata Steel 0.35 percent. SBI rose 0.34 percent, Hindustan Unilever 0.32 percent, Mahindra & Mahindra 0.29 percent, Kotak Mahindra Bank 0.29 percent, Titan 0.17 percent, L&T 0.15 percent, ITC 0.13 percent and NTPC 0.04 percent, all opening in positive territory.\n\nStocks That Opened in the Red\nIT names dominated the losers' column. Tech Mahindra opened 1.95 percent lower, HCL Tech fell 1.54 percent and Infosys dropped 1.35 percent. Alongside them, Eternal declined 0.61 percent, BEL 0.18 percent and UltraTech Cement 0.14 percent at the start of trade. In sum, while the headline indices opened higher, the weakness in IT stocks put a partial brake on the early momentum.\n\nWhat this means for you\n• For investors: Even though the indices opened higher, the sharp fall in IT stocks could keep pressure on the portfolios of those exposed to the tech sector.\n• For everyday savers: With West Asia tensions and global uncertainty in play, volatility remains, so caution is warranted before making any moves.\n\nQuestions & Answers\n\n1. Where did the Sensex open on 15 July 2026?\nThe BSE Sensex opened up 137.82 points, or 0.18 percent, at 77,192.76.\n\n2. At what level did the Nifty 50 begin trade?\nThe Nifty 50 index opened 33.80 points, or 0.14 percent, higher at 24,085.85.\n\n3. Which stock saw the biggest decline?\nTCS, the country's largest IT company, was the top loser, opening down 2.13 percent.\n\n4. Which Sensex stock gained the most?\nAsian Paints was the top gainer, opening up 1.13 percent.\n\n5. What global events are influencing the market?\nOngoing air strikes between Iran and the United States are weighing on sentiment, while Donald Trump has withdrawn a plan for a 20 percent transit fee on cargo through the Strait of Hormuz.\n\n6. How many Sensex companies opened higher?\nOf the 30 Sensex companies, 21 opened in the green, 7 in the red, while Power Grid and Maruti Suzuki opened flat.",
  "url": "https://trendkia.com/en/market/aiti-sheyaron-men-bhari-bikavali-phira-bhi-hare-nishana-men-khule-sensex-aura-nifty-7805",
  "category": "Market",
  "publishedAt": "2026-07-15",
  "tags": [
    "Stock Market",
    "Sensex",
    "Nifty 50",
    "IT Stocks",
    "TCS",
    "BSE",
    "NSE"
  ],
  "language": "en",
  "site": "TrendKia"
}