Stock market update: Nifty IT index falls 0.13% in a weak market

NEW DELHI: The Nifty IT index traded negative around 10:04AM(IST)on Friday in a weak market.

Mindtree(up 2.7 per cent), HCL Technologies(up 0.53 per cent) and Tata Consultancy(up 0.37 per cent) were among the top gainers.

Coforge(down 2.11 per cent), Tech Mahindra(down 0.93 per cent), Wipro(down 0.81 per cent), L&T Technology(down 0.54 per cent) and MPhasis(down 0.54 per cent) were the top losers on the index.

The Nifty IT index was down 0.13 per cent at 34866.9 at the time of writing this report.

Benchmark NSE Nifty50 index was down 44.5 points at 17812.75, while the BSE Sensex was down 200.96 points at 59783.74.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red.

Shares of Vodafone Idea, Tata Power, PNB, YES Bank and BHEL were among the most traded shares on the NSE.

Shares of Stampede Cap(DVR), One Point One Soluti, Rohit Ferro-Tech, Jindal Poly Investm and Shreeoswal Seeds hit their fresh 52-week highs in today’s trade, while Suvidhaa Infoserve Ltd., D K Enterprises Global Ltd., Felix Industries, Bombay Metrics Supply Chain Ltd. and SREI Infra Fin hit fresh 52-week lows in trade.

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