Stock market update: Nifty IT index falls 0.88%

NEW DELHI: The Nifty IT index closed on a negative note on Tuesday.

Shares of Wipro(up 0.97 per cent) and MPhasis(up 0.6 per cent) ended the day as top gainers in the pack.

On the other hand, HCL Technologies(down 4.03 per cent), Tech Mahindra(down 1.84 per cent), L&T Technology(down 1.55 per cent), Coforge(down 1.54 per cent) and Larsen & Toubro Infotech(down 0.94 per cent) finished as the top losers of the day.

The Nifty IT index closed 0.88 per cent down at 34869.75.

Benchmark NSE Nifty50 index ended up 46.0 points at 17991.95, while the BSE Sensex stood up 148.53 points at 60284.31.

Among the 50 stocks in the Nifty index, 29 ended in the green, while 21 closed in the red.

Shares of Vodafone Idea, BHEL, IDBI Bank, Suzlon Energy and YES Bank were among the most traded shares on the NSE.

Shares of Pasupati Acrylon, Network18 Media, Hindprakash Industri, IDBI Bank and Hindustan Motor hit their fresh 52-week highs in today’s trade, while Inventure Grwth, Krsnaa Diagnostics Ltd., Vera Synthetic, Aditya Birla Sun Life AMC Ltd. and Servotech Power Syst hit their fresh 52-week lows.

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