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

NEW DELHI: The Nifty IT index traded negative around 11:10AM(IST)on Wednesday in a weak market.

Larsen & Toubro Infotech(up 0.66 per cent) and Tech Mahindra(up 0.05 per cent) were among the top gainers.

Mindtree(down 1.03 per cent), Coforge(down 0.96 per cent), Infosys(down 0.61 per cent), MPhasis(down 0.54 per cent) and HCL Technologies(down 0.38 per cent) were the top losers on the index.

The Nifty IT index was down 0.32 per cent at 35700.8 at the time of writing this report.

Benchmark NSE Nifty50 index was down 84.15 points at 17960.1, while the BSE Sensex was down 299.76 points at 60133.69.

Among the 50 stocks in the Nifty index, 19 were trading in the green, while 31 were in the red.

Shares of Vodafone Idea, BHEL, SAIL, Tata Power and FSN E-Commerce Ventures Ltd. were among the most traded shares on the NSE.

Shares of FSN E-Commerce Ventures Ltd., Lakshmi Finance, Williamson Magor, 3i Infotech and KPIT Tech hit their fresh 52-week highs in today’s trade, while Patel Integrat(PP), Vikas WSP, CarTrade Tech Ltd., Radha Madhav and Quadpro ITeS Ltd. hit fresh 52-week lows in trade.

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