Stock market update: Nifty IT index falls 0.32% in a weak market

NEW DELHI: The Nifty IT index traded negative around 11:08AM(IST)on Monday in a weak market.

Tata Consultancy(up 0.7 per cent) and Wipro(up 0.33 per cent) were among the top gainers.

L&T Technology(down 3.93 per cent), Larsen & Toubro Infotech(down 2.7 per cent), Coforge(down 1.6 per cent), Mindtree(down 1.06 per cent) and MPhasis(down 0.85 per cent) were the top losers on the index.

The Nifty IT index was down 0.32 per cent at 35892.3 at the time of writing this report.

Benchmark NSE Nifty50 index was down 207.65 points at 17557.15, while the BSE Sensex was down 709.61 points at 58926.4.

Among the 50 stocks in the Nifty index, 10 were trading in the green, while 40 were in the red.

Shares of Vodafone Idea, Trident Ltd, YES Bank, Tata Power and Bharti Airtel were among the most traded shares on the NSE.

Shares of Dhunseri Invst, D K Enterprises Global Ltd., Lakshmi Finance, Kotyark Industries Ltd. and Bharti Airtel(PP)hit their fresh 52-week highs in today’s trade, while Fino Payments Bank Ltd., One97 Communications Ltd., Sadbhav Eng, SJS Enterprises Ltd. and Nidan Laboratories And Healthcare Ltd. hit fresh 52-week lows in trade.

Source Link