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Stock market update: Nifty IT index  falls  0.84%

Stock market update: Nifty IT index falls 0.84%

Time of India16-05-2025

NEW DELHI: The Nifty IT index closed on a negative note on Friday.
Shares of Oracle Financial Services Software Ltd.(up 1.71 per cent), Persistent Systems Ltd.(up 0.81 per cent) and LTIMindtree Ltd.(up 0.28 per cent) ended the day as top gainers in the pack.
On the other hand, HCL Technologies Ltd.(down 2.13 per cent), Infosys Ltd.(down 1.44 per cent), MphasiS Ltd.(down 0.92 per cent), Wipro Ltd.(down 0.89 per cent) and Tech Mahindra Ltd.(down 0.75 per cent) finished as the top losers of the day.
The Nifty IT index closed 0.84 per cent down at 37972.35.
Benchmark NSE Nifty50 index ended down 42.3 points at 25019.8, while the BSE Sensex stood down 200.15 points at 82330.59.
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Among the 50 stocks in the Nifty index, 25 ended in the green, while 25 closed in the red.
Shares of Vodafone Idea, YES Bank, Bharti Airtel, IRFC and IFCI were among the most traded shares on the NSE.
Shares of Paras Defence, Stampede Cap(DVR), Mazagon Dock Ship, Kanpur Plastip and Wanbury Ltd hit their fresh 52-week highs in today's trade, while Wendt India, Career Point, BDR Buildcon, IndInfravit Trust and Ginni Filaments hit their fresh 52-week lows.
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