[MARKET UPDATE] Indian tech stocks follow suit to the recent global tech woes with software heavily companies pressured and the NIFTY IT Index sliding lower by around 6%

The decline in Indian tech stocks, particularly within the NIFTY IT Index, reflects broader global tech challenges.

Newsquawk StaffPublished 4 Feb 2026, 04:06 UTCOn the live feed at 03:46 UTC — 2 more headlines followed before this page went public

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04:00

Sumitomo Corp (8053 JT) 9-month (JPY) 408.5bln (prev. 416.5bln Y/Y)

03:54

Asahi Kasei (3407 JT) 9-month (JPY) net rose 22.7% Y/Y to 120.6bln, rev. was flat Y/Y at 2.26tln

03:46

[MARKET UPDATE] Indian tech stocks follow suit to the recent global tech woes with software heavily companies pressured and the NIFTY IT Index sliding lower by around 6%

03:40

PRE-MARKET INDIAN STOCKS NEWS: India tech-related firms including Wipro, TCS and Infosys are pressured pre-market

03:30

[MARKET ANALYSIS] Asia-Pac stocks trade mixed as the region partially shrugs off tech sell-off stateside

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This movement could hinder sentiment for investments in the sector and may prompt traders to reassess risk exposure amid potential further weakness in software companies. Watch for spillover effects on related equities and potential shift in market positioning.

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