Mindtree (up 4.86 per cent), Larsen & Toubro Infotech (up 0.63 per cent), Tata Consultancy (up 0.18 per cent) and Infosys (up 0.03 per cent) were among the top gainers.
Oracle Financial Services Software (down 1.78 per cent), Coforge (down 1.38 per cent), Wipro (down 0.9 per cent), Tech Mahindra (down 0.85 per cent) and HCL Technologies (down 0.83 per cent) were the top losers on the index.
The Nifty IT index was down 0.01 per cent at 33445.15 at the time of writing this report.
Benchmark NSE Nifty50 index was down 116.4 points at 16452.45, while the BSE Sensex was down 289.33 points at 55340.16.
Among the 50 stocks in the Nifty index, 8 were trading in the green, while 42 were in the red.
Shares of Vodafone Idea, SAIL, YES Bank, Suzlon Energy and NALCO were among the most traded shares on the NSE.
Shares of Nakoda Group Of Ind, Fortis Healthcare, KKV Agro Powers Ltd., Meghmani Finechem Ltd. and Surani Steel Tubes hit their fresh 52-week highs in today’s trade, while Ujjivan SFB, CarTrade Tech Ltd., Vertoz Advertising, Windlas Biotech Ltd. and Aurobindo Pharma hit fresh 52-week lows in trade.