The BSE IT Index is the benchmark technology-sector index of the Bombay Stock Exchange, tracking India's leading information-technology and software companies — spanning software development, IT consulting, cloud computing, cybersecurity, artificial intelligence (AI), digital transformation, BPO and enterprise technology. India's IT sector is a major contributor to exports and employment, so the index is a key gauge of the industry's health. Compare it with the broad BSE Sensex and sector peers like the BSE Bankex.
What is the BSE IT Index?
The BSE IT Index reflects the growth, innovation and global competitiveness of India's technology industry. It lets investors, traders and institutions monitor the sector and evaluate opportunities within one of India's fastest-growing industries.
Leading BSE IT constituents
| Tier | Example constituents |
|---|---|
| Large-cap IT | TCS, Infosys, HCLTech, Wipro, Tech Mahindra |
| Mid-cap IT | LTIMindtree, Persistent Systems, Coforge, Mphasis |
| Others | L&T Technology Services, Oracle Financial Services |
What drives the BSE IT Index?
- Global IT spending and US/Europe demand — most revenue is exported.
- The USD/INR exchange rate — a weaker rupee generally helps IT margins.
- New-tech adoption — AI, cloud, cybersecurity and digital transformation deals.
- Quarterly earnings, deal wins, guidance and attrition trends.
How is the BSE IT Index calculated?
Like other BSE indices, the IT Index uses the free-float market-capitalisation method — only publicly tradable shares are counted — and is reviewed periodically to keep it representative and liquid.
How to invest in IT stocks
- Buy a technology-sector ETF or index fund for diversified exposure (see mutual funds & SIP).
- Invest in individual IT stocks through your demat account.
- Open a free ATS account for live charts, research and low brokerage.
BSE IT vs Nifty IT
Both track the Indian IT sector, but the BSE IT Index is on the BSE and the Nifty IT is on the NSE. They share the large-cap IT majors and generally move in the same direction.
Explore other BSE indices
- BSE Sensex — India's benchmark 30-stock index — live value, constituents and analysis.
- BSE Bankex — The BSE banking sector index — leading public & private banks tracked live.
- BSE Auto — The BSE automobile index — carmakers, two-wheelers, EV and auto ancillaries.
- BSE MidCap — The BSE mid-cap index — emerging mid-sized companies with growth potential.