Stock market update: Nifty IT index falls 0.8% in a weak market
NEW DELHI: The Nifty IT index traded negative around 11:31AM(IST)on Monday in a weak market.
Coforge Ltd.(up 0.33 per cent) were among the top gainers.
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Persistent Systems Ltd.(down 2.86 per cent), MphasiS Ltd.(down 2.76 per cent), Tech Mahindra Ltd.(down 1.09 per cent), Wipro Ltd.(down 0.76 per cent) and Oracle Financial Services Software Ltd.(down 0.73 per cent) were the top losers on the index.
The Nifty IT index was down 0.8 per cent at 37022.4 at the time of writing this report.
Benchmark NSE Nifty50 index was down 121.75 points at 24628.95, while the BSE Sensex was down 400.81 points at 81050.2.
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Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red.
Shares of
Reliance Power
,
YES Bank
,
Vodafone Idea
,
Niva Bupa Health Ins
and
Suzlon Energy
were among the most traded shares on the NSE.
Shares of
IFB Agro
,
Pennar Ind
,
Lumax Auto Tech
,
Madhya Bharat Agro
and
Shankara Bldg Prod
hit their fresh 52-week highs in today's trade, while Quintegra Sol, Navkar Builders, SKIL Infrastructure, Shree Ram Proteins and Varanium Cloud hit fresh 52-week lows in trade.
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