Shares of IT services companies move lower as traders reduce exposure in futures and options ahead of expiry. TCS and HCLTech futures decline, with reported changes also pointing to higher open interest being weighed down by the latest trading activity. Coforge’s futures also weaken, according to the same market read. Options positioning data indicate traders are cutting positions in Infosys in the run-up to expiry. The data further suggest market focus around specific TCS price levels, with activity clustering around a range of roughly Rs 2,400 to Rs 2,500. Overall, the reporting points to a cautious near-term stance among derivatives participants as contracts approach expiry, with lower futures prices and reduced options positioning across major IT names. No company-specific news is cited in the provided coverage; the movement is attributed to trading flows and positioning in derivatives rather than to new fundamentals.