Oracle Financial Services Software (up 0.83 per cent) were among the top gainers.
Coforge (down 1.52 per cent), Tata Consultancy (down 1.03 per cent), Wipro (down 0.97 per cent), HCL Technologies (down 0.73 per cent) and Infosys (down 0.68 per cent) were the top losers on the index.
The Nifty IT index was down 0.66 per cent at 29695.35 at the time of writing this report.
Benchmark NSE Nifty50 index was down 95.3 points at 15651.15, while the BSE Sensex was down 327.09 points at 52251.67.
Among the 50 stocks in the Nifty index, 15 were trading in the green, while 34 were in the red.
Shares of Zomato Ltd., YES Bank, Trident Ltd, Suzlon Energy and Vodafone Idea were among the most traded shares on the NSE.
Shares of Synergy Green Ind, Golden Tobacco, BLS Int. Services, Sterling Tools and India Motor Part hit their fresh 52-week highs in today’s trade, while PVP Ventures Ltd., Madhav Copper, Viceroy Hotels, Bright Solar and Alembic Pharma hit fresh 52-week lows in trade.