Stock market update: Nifty IT index falls 0.61%

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

Shares of Oracle Financial Services Software (up 0.14 per cent) and HCL Technologies (up 0.05 per cent) ended the day as top gainers in the pack.

On the other hand, Coforge (down 4.85 per cent), Mindtree (down 1.87 per cent), MPhasis (down 1.06 per cent), Tech Mahindra (down 0.8 per cent) and Larsen & Toubro Infotech (down 0.54 per cent) finished as the top losers of the day.

The Nifty IT index closed 0.61 per cent down at 30977.15.

Benchmark NSE Nifty50 index ended up 128.05 points at 16258.8, while the BSE Sensex stood up 546.41 points at 54369.77.

Among the 50 stocks in the Nifty index, 20 ended in the green, while 30 closed in the red.

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

Shares of D P Wires, Vardhman Acryl, Airo Lam, IIFL Wealth Mgmt and Shivalik Bimetal hit their fresh 52-week highs in today’s trade, while Vodafone Idea, Inventure Grwth, Suryoday Small Finance Bank Ltd., AKG Exim Ltd. and Radaan Media hit their fresh 52-week lows.

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