Stock market update: Nifty IT index falls 0.42% in a weak market

NEW DELHI: The Nifty IT index traded negative around 10:35AM (IST) on Tuesday in a weak market.

Infosys (up 0.3 per cent) were among the top gainers.

HCL Technologies (down 2.31 per cent), Wipro (down 1.35 per cent), Oracle Financial Services Software (down 1.15 per cent), MPhasis (down 1.15 per cent) and Coforge (down 0.89 per cent) were the top losers on the index.

The Nifty IT index was down 0.42 per cent at 29141.2 at the time of writing this report.

Benchmark NSE Nifty50 index was down 109.05 points at 15643.35, while the BSE Sensex was down 325.66 points at 52227.74.

Among the 50 stocks in the Nifty index, 11 were trading in the green, while 39 were in the red.

Shares of Vodafone Idea, YES Bank, Ibull Real Estate, SAIL and Tata Power were among the most traded shares on the NSE.

Shares of Steel City Securitie, Albert David, Elgi Rubber Co, Orient Abrasive and HT Media hit their fresh 52-week highs in today’s trade, while Walpar Nutritions Ltd., AKG Exim Ltd. and SKS Textiles hit fresh 52-week lows in trade.

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