Stock market update: Nifty IT index falls 0.92% in a weak market
NEW DELHI: The Nifty IT index traded negative around 10:35AM(IST)on Tuesday in a weak market.
were among the top gainers.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Senior Living Homes in Chittagong Politechnic May Surprise You
Senior Living | Search Ads
Undo
Tata Consultancy Services Ltd.(down 1.26 per cent), Infosys Ltd.(down 1.15 per cent), HCL Technologies Ltd.(down 0.85 per cent), MphasiS Ltd.(down 0.77 per cent) and LTIMindtree Ltd.(down 0.73 per cent) were the top losers on the index.
The Nifty IT index was down 0.92 per cent at 37439.25 at the time of writing this report.
Benchmark NSE Nifty50 index was down 230.25 points at 24770.9, while the BSE Sensex was down 808.92 points at 81367.53.
Live Events
Among the 50 stocks in the Nifty index, 7 were trading in the green, while 43 were in the red.
Shares of Vodafone Idea, Reliance Power, Suzlon Energy, IFCI and InterGlobe were among the most traded shares on the NSE.
Shares of Apollo Micro Systems, Camlin Fine Sc, Stampede Cap(DVR), Cosmo Films and GE T&D India hit their fresh 52-week highs in today's trade, while Tantia Const, Impex Ferro Tech, Protean eGov Techno, Shree Ram Proteins and Godha Cabcon & Insul hit fresh 52-week lows in trade.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
19 minutes ago
- Indian Express
Equity mutual fund inflows decline 22% to 13-month low of Rs 19,013.12 crore in May: AMFI data
Inflows into equity mutual funds declined 22 per cent on a month-on-month (m-o-m) basis to hit a 13-month low of Rs 19,013.12 crore in May compared to Rs 24,269.26 crore in April, the latest data from the Association of Mutual Funds in India (AMFI) showed. Helped by mark-to-market (MTM) gains, the net asset under management (AUM) of the mutual fund (MF) industry crossed over Rs 70 lakh crore for the first time, to touch Rs 72.19 lakh crore in May, as against Rs 69.99 lakh crore in April. Equity MF inflows in May During the reporting month, inflows through systematic investment plan (SIP) touched a record high of Rs 26,688 crore, with the number of contributing accounts rising to an all-time high of 8.56 crores. 'Equity inflows moderated to Rs 19,013 crore this month, reflecting cautious investor sentiment amidst market volatility. Such phases often witness a natural reallocation towards hybrid and arbitrage schemes, offering a more balanced approach during uncertain times,' said Venkat N Chalasani, chief executive, AMFI. The reduction in inflows into equity mutual fund schemes came despite the domestic markets remaining strong. The BSE's 30-share Sensex rose 1.5 per cent, while the broader Nifty climber 1.71 per cent in May. Within equities schemes, highest inflows were seen in flexi-cap funds at Rs 3,841.32 crore in May. However, inflows were lower compared to Rs 5,541.71 crore recorded in April. Small-, mid-, and large-cap MF inflows Small-cap fund inflows were down month-on-month to Rs 3,214.21 crore from Rs 3,999.95 crore in April. Inflows into mid-cap funds were Rs 2,808.68 crore, down from Rs 3,313.98 crore in the previous month. Large-cap funds saw a 53.19 per cent decline in net inflows at Rs 1,250.47 crore, compared to Rs 2,671.46 crore in April. Inflows into sector/thematic funds inched up to Rs 2,052.48 crore in May from Rs 2,000.95 crore in the previous month. Retail mutual fund folios (equity + hybrid + solution oriented schemes) stood at 18.84 crore in May 2025 as against 18.71 crore in April. Inflows into debt MFs and hybrid funds Debt mutual fund schemes saw outflows to the tune of Rs 15,908.48 crore in May, compared with inflows worth Rs 2.19 lakh crore in April. Outflows in the segment were majorly witnessed in liquid funds (Rs 40,205.36 crore) and overnight funds (Rs 8,120.03 crore). However, corporate bond funds saw inflows of Rs 11,983.35 crore, while money market funds recorded Rs 11,223.08 crore of flows on a net basis. Net inflows into hybrid funds stood at Rs 20,765.05 crore, compared to Rs 14,247.55 crore inflows in April. The gold exchange traded fund (ETF) schemes recorded inflows to the tune of Rs 291.91 crore in May. The number of new SIPs registered in may stood at 59.14 lakh and the SIP AUM stood at Rs 14.61 lakh crore.
Time of India
24 minutes ago
- Time of India
NIMCET 2025 answer key shortly at nimcet.admissions.nic.in; challenge model solution by June 12
NIMCET 2025 answer key released at candidates can submit challenges against model solutions until June 12, 5 pm NIMCET 2025 answer key: The National Institute of Technology (NIT) Tiruchirappalli is set to release the NIMCET 2025 answer key, enabling candidates to verify their responses from the Master of Computer Applications (MCA) entrance exam held on Sunday, June 8, 2025. Once released, the aspiring students can access the model solution on the official website, and raise objections if discrepancies are found. This common entrance test facilitates admission to the MCA programme across eleven NITs and two Indian Institutes of Information Technology (IIITs). Candidates have a limited window to challenge the model solution, ensuring their concerns are addressed before the final results are declared. Answer key access and verification The NIMCET 2025 answer key will be available for download on the official portal, Candidates can compare their responses with the model solutions to estimate their scores. The examination, conducted on June 8, 2025, from 2:00 pm to 4:00 pm, tested eligibility for MCA programmes at premier institutions. Those meeting the criteria—60% marks or 6.5 CGPA in a relevant UG programme (55% or 6.0 CGPA for SC/ST/PwD)—can proceed with the process. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo Challenging the model solution Candidates spotting errors in the answer key can submit challenges from Tuesday, June 10, 2025, at 5 pm until Thursday, June 12, 2025, at 5 pm. The objection window allows candidates to ensure accuracy in the evaluation process. Follow these steps to challenge the model solution: Step 1: Visit and log in using your credentials. Step 2: Access the answer key section and select the question to challenge. Step 3: Provide a detailed explanation and supporting evidence for the objection. Step 4: Pay the required fee, if applicable, for processing the challenge. Step 5: Submit the objection within the stipulated time frame. Direct link to the official website What's Next The tentative result publication is scheduled for Friday, June 27, 2025, at 5 pm. Following this, candidates can register and fill choices from Monday, June 30, 2025, to Friday, July 4, 2025, by paying a non-refundable counselling fee of Rs 1,000. The first round of seat allotment begins on July 7, 2025, with subsequent rounds and a special round for vacant seats concluding by July 26, 2025. Is your child ready for the careers of tomorrow? Enroll now and take advantage of our early bird offer! Spaces are limited.
Time of India
24 minutes ago
- Time of India
IIT, IIM students to work with Puri administration during Jagannath Yatra
Top students from India's premier institutions, including the IITs, IIMs and leading policy and management schools, will converge in Puri to join hands with the district administration for the annual Jagannath Rath Yatra 2025, officials said on Tuesday. Under a Public Systems and Infrastructure internship initiated by the Puri District administration, these students will work at ground zero to study critical aspects of the Yatra, including crowd behaviour , public infrastructure, event planning , and inter-agency coordination. "Jagannath Puri Rath Yatra is an exercise in scale, devotion, and coordination. It is time India's brightest minds saw what nation-building looks like in the field. Over a 10-15 day period, selected interns will be assigned live projects around sanitation infrastructure, emergency response systems, seva stall operations, and digital citizen engagement," Puri Collector Siddharth Shankar Swain said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Knee pain prices might surprise you Knee pain | search ads Find Now Undo He further noted that their work will culminate in real-time reports and recommendations for future event efficiency, contributing directly to the planning of large-scale public systems. The internship will be facilitated by Chaaipani , an agency appointed to manage brand activations and brand integration to enhance public facilities at this year's Jagannath Rath Yatra. Live Events "This is a once-in-a-lifetime opportunity for young minds to witness how India runs at its most complex and spiritual intersection. This is a rare opportunity for students to learn how logistics, culture, systems and human behaviour in India operate at an unprecedented scale," Shruti Chaturvedi, founder of Chaaipani, said. The Jagannath Rath Yatra 2025 is scheduled to begin on June 27, 2025, and conclude on July 5, 2025.
