While Info Edge (India) (down 5.7 per cent), Infosys (down 3.53 per cent), HCL Technologies (down 3.23 per cent), MPhasis (down 3.08 per cent) and Coforge (down 2.04 per cent) were the top losers in the index.
The Nifty IT index was trading 2.55 per cent down at 25516.3 around 01:58PM.
Benchmark NSE Nifty50 index was down 122.90 points at 14598.4, while the BSE Sensex was down 439.54 points at 49362.08.
Among the 50 stocks in the Nifty index, 17 were trading in the green, while 33 were in the red.
Shares of Vodafone Idea, BHEL, PNB, YES Bank and Tata Power were among the most traded shares on the NSE.
Shares of Orchid Pharma, Dixon Tech, Adani Power and Sundram Fasteners hit their fresh 52 week high in today’s trade, while Shrenik Ltd., B C Power Controls Ltd., Jiya Eco Products Ltd., Tembo Global Industries Ltd., Silly Monks Entertainment Ltd., Asian Hotels (West) Ltd., Marine Electricals (India) Ltd., Infomedia Press Ltd. and Radha Madhav Corporation Ltd. hit fresh 52 week low in trade.
