IT
Gartner, Inc.
stock NYSE

NIFTY 50 IT INDEX (24-Nov-2025) and the drop to 📉 -36%

**From Bloomberg:** [https://www.bloomberg.com/news/articles/2026-07-01/south-korean-banks-expand-trading-floors-for-24-hour-won-market](https://www.bloomberg.com/news/articles/2026-07-01/south-korean-banks-expand-trading-floors-for-24-hour-won-market)
South Korea’s biggest lenders are boosting trading desks in London and Seoul to prepare for the won’s round-the-clock trading starting next week.
Woori Bank dispatched eight staff to its London office, including five traders in its foreign-exchange, derivatives and bond desks ahead of securing UK regulatory approval in May, Kang Ju Hwan, manager at the bank’s public relations department said.
Hana Bank has added three dealers in Seoul and introduced a three-shift rotation to provide 24-hour market coverage, Jung Hyun-seok, senior manager of the bank’s public relations department said. Shinhan Bank and KB Kookmin Bank are also expanding headcount and upgrading systems, spokespeople for the two banks said.
**From July 6, the dollar-won spot market will trade continuously from 6 a.m. Monday to 6 a.m. Saturday during New York daylight savings time, from the current 9 a.m. to 2 a.m. schedule.** The move comes at a time when the won is hovering close to its lowest level since 2009. The slide this year prompted the government to take strong measures, including crack down on speculative foreign-exchange trading last month.
The overhaul is the centerpiece of Seoul’s years-long push to improve foreign investors’ access to local markets and bolster its case for an upgrade to MSCI Inc.’s developed-market index, where accessibility has long been a stumbling block.
The immediate challenge for the banks includes keeping desks staffed overnight when liquidity thins and major US data lands while Seoul is asleep. Their approaches diverge between building out London hubs and reinforcing Seoul.
Woori Bank’s license to conduct client derivatives business and securities investment operations will allow it to support won-related investments and hedging outside Korean market hours. Its new trading center in London, established through the expansion of its former branch office, also opened in June.
Shinhan Bank will add one more FX dealer in London from the current two in July as it plans to establish a London desk-centered response framework, Lee Ji Min, a manager at the bank’s public relations department, said. Kookmin Bank has recently completed internal IT upgrades to run 24 hours, and is also planning to expand headcount, Park Junhwan, head of the bank’s brand & PR department said.

Index funds are easy, once you get the basic principle: there is no active fund manager picking stocks, instead, the fund simply passively mirrors an index (Nifty50 in this case). The Nifty50, as the name suggests, tracks the 50 largest stocks across a variety of sectors (financials, IT, energy, FMCG and so on) that are listed on the NSE. A Nifty50 index fund essentially buys those 50 stocks in the same proportion that they are represented in the Nifty50 index, ensuring your returns are identical to the Nifty50 (barring costs).

So, when comparing a Nifty50 index fund, what really matters:
1)Expense Ratio: The lower, the better! Even a difference of 0.1% a year is massive over time.
2)Tracking Error: The closer a fund replicates the Nifty50, the better its tracking error. In simpler words, the lower, the better
3) AUM (Assets Under Management): While not the only parameter, a decent size often indicates that the fund house has established robust operational processes for passive funds. Fund house credibility & history in passive fund management.

Passive investing is all about staying invested over the long term through market cycles, essentially buying a piece of the large-cap Indian economy. So the beauty is that you’re not playing guesses on a fund manager’s calls. If you’re interested in Nifty50 investment exposure through a Nifty50 index fund, there are funds like the Axis Nifty50 Index Fund to consider, which invest passively.
If you are a beginner at index funds, just focus on comparing the expense ratios and the tracking errors between Nifty50 fund options you are comparing - that's what makes all the difference for them! Market risk, however, is intrinsic, regardless of how a fund invests.

"Wait for confirmation" is one of the cringiest thing traders say. What confirmation? That IT WAS a good signal, now that the move is over.
"Wait for confirmation, then cut your losers short and let your winners run. By the way, the trend is your friend, make your own research". Total BS.

I think problem with investing in IT companies these days is discipline. If it is falling why to invest all capital in one shot, deploy the funds in traches I had also started around 3000 price, but with clear instructions it will never be more than 25% of my portfolio and if I add more weight to falling TCS I must add an equivalent stable growth company so that my overall portfolio is still positive.
I had deployed almost 5 trances now and my next tranche of 10 stocks is around 1900 which I expect it will go, and other trance at 1750 if it falls further.
https://preview.redd.it/1tk1jfzeesah1.jpeg?width=1272&format=pjpg&auto=webp&s=a78770bcf32ff881f84a900a8cf13a5ede180bee

NIFTY 50 IT INDEX (24-Nov-2025) and the drop to 📉 -36%

Danke 🙏🏻 ich bin immer noch Nichtraucherin, Studium läuft noch.. :-) wie gesagt, es hätte mehr Sinn gemacht im alten Job zu studieren & zu arbeiten.
Das war damals so eine Challenge, aufhören zu rauchen und jedes Mal wenn ich an die Zigarette denke, es aufschreiben und journaling betrieben lol😂 und zusätzlich Allen Carr gelesen. Maaaaaannnnn du weißt ja gar nicht wie LANGE und wie SEHR mir Langweilig war im Job!
Jetzt studiere ich und arbeite, aber zu viel schlechteren Konditionen. Aber es macht trotzdem Spaß. Vorher IT, jetzt sozialer Bereich… der alte Job wird wahrscheinlich die KI Welle nicht überleben, hingegen der neue die Zukunft ist und wir hier Mangel haben.

Medjo parehas talaga kami ng style netong ni [u/PHValueInvestor](u/PHValueInvestor) eh.
Im almost holding the same set of stocks sa portfolio.
From $ICT , $SGP to flat liners like $DMC & $JFC
Si $aslag lang yung different ata, medjo malaki exposure ko sa energy/power sector
\----
And masasabi ko lang the return of PH based investments is WORTH IT parin hihihi...
and NOT BAD...

Indian IT services was done ages back. AI just accelerated the downshift.

Selbst einfachste Abläufe dauern in Deutschland mit Glück Wochen, meist aber Monate oder Jahre. Unterlagen gehen verloren, die IT hat Probleme, es bewegt sich nichts weil eine andere Behörde noch entscheiden muss oder die Sachbearbeiterin ist in Elternzeit und niemand übernimmt ihre Aufgaben.
Es gibt 1000 andere Baustellen die man in Angriff nehmen könnte um Bürokratie abzubauen. Wie kommt da eine angebliche Expertenkommission auf eine Änderung der Arbeitsunfähigkeit?

IF WE PUMP TODAY KOREA PUMPS TONIGHT DO IT FOR THE KOREANS ON MARGIN

HOORAY! IT'S THORAZINE THURSDAY!!!

The optimism might be short lived.
The rally only went till 8 EMA line on daily chart for TCS. The final verdict will be on the 9th. Whether Indian IT will have some relief, or go further down

Still people will down vote for saying its manipulation. Retail poors don't have this kind of money to move ANY market. The fool society into thinking your neighbor is harming you. NO, IT'S THE SAME GROUP OF BILLIONAIRES MOVING TAX FREE LOANED OUT MONEY AROUND.
Last week it was tim apple, this week zucks. The fed chair says what he is told to say. His boss is the same guy who pumps and dumps the markets on Friday and Monday. These guys know when retail is tits up in the market. They manufacture fake fud and old tweets to get a reaction from retail. All of which will be discovered to be lies next week. The market will rally up again and then they will do the same shit. Before earnings it was the cyclical buzz. When that didn't work they turned the war back on the off. Then had tim apple raise prices and requests memory from china 🤣...sure. Koreans are looking at the same indexes as us and blaming Americans probably. Im all in on muu. Its changed my life in the last few months. Im staying right here sir.

Bhai if you are saying that IT industry is not impacted due to AI then you have very little knowledge about it.
Quality of service also depends on the money they are getting….

This is true, but my point is slightly different. As a software engineer, I and many others are learning to create custom AI solutions. This is a direct result of the AI boom. Many IT companies are preparing for this shift. Software and products will become more available with increased delivery. This will take a year or so, but it will happen. People who are laid off will create their own products, and the US does not want that. Therefore, IT professionals will remain in demand. Some will have to take cuts, while others who adapt to AI learning quickly will thrive.

Yup, its on its last breathing steps. The current way atleast. The companies will survive, there still would be "gutter" level work that needs to be done, but their revenues/employee count etc would be way down. Even 80-90%.
The main issue is IT is the backbone of white India. We dont have anything else. Manufacturing is minimal. Max consumers of manufacturing are IT. Blinkit, Zomato consumers are IT. All the brands/luxury/premium products from Tata, Mahindra, Apple, Samsung etc are majority IT. Real estate spending legalised is IT. Banks would collapse cause no one to loan to. WITCH companies have taken a lot of Indians and elevated them out of middle/lower middle class and made them positioned there. If that collapses the entire chain of system collapses.
We dont have anything else. We cannot compete with manufacturing against China. Assemble maybe but not compete. The Infra spending is pumped up by taking govt loans and passing it to crooked contractors who skim it all between themselves and politicians and produce substandard road. Our agricultur is horribly ineffecient.
There would be 1.5 Billion people plus with nothing to support majority of them. And the govt is busy doing communalism. They and their families would be safe for 2-3 generations but others would be absolutely destroyed.

Based on my assumption, but I do feel it every day.
Those sites are build a long back, (say 15+ years back) and till now no body has guts to improvise the architecture, the tech stack, infrastructure. Only added junk code to support new or broken features by some IT engineers who has may be a BTech degree and may have 60 - 70% marks overall in his career. And he is not even guided properly to make the changes. He is his own to build the stuff and deliver.
AI needs full scope understanding, skills and last 15+ years requirement understanding to make a tiny business logic update, else it will break something else.
Current India IT giants are failing because of lack of education and guidelines by leads/management. The nearshore (Poland, Germany, Latvia etc) now becomes more effective on architecture/development. Many of teams are eventually shifted there, and clients are saying “nearshore are not pain in ass”.

IT IS OVER ! 🏳️‍🌈🐻🔻

Yes, I agree they have created jobs but it is not a hidden knowledge that you need to evolve in IT. Nokia was a giant in handsets but they got owned by other companies when apple started the touchscreen revolution. Eventually, the origin country of Nokia did not make a fuss about the company being a big employment provider and so on. They pivot well and switched to cellular technology. Just look at how many patents they hold in LTE area alone.
Indian IT giants always cashed-in on price arbitration and never tried to evolve. They are to be fully blamed for their situation and nobody has empathy for an old mindset that does not evolve over time. You have conbined two different things. WITCH companies could do both had they decided to! Either build good products after investing in R&D or create a separate premium business line that deliver very high quality results, comparable to global standards like Singapore. Their LALA mindset chose cash from Dhandho and they decided to ride it till death. Chinese companies also provided jobs but they chose to invest in R&D after sometime and now they have models that can outperform most of our talent for cheaper cost while operating 24x7. Have you checked how good latest deepseek API pricing is for the amount of work it can do?
Within India, WITCH companies operate platforms such as EPFO, GST portal, ITR. Why are the national websites in such pathetic condition? Do you have any idea how much these boomer management charge our government just in the name of maintenance? Open your eyes and learn to question things.