Share market update: IT shares in the red; NIIT Tech slips 6%

The Nifty IT index was trading 1.64 per cent down at 11848.4.

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Among the 50 stocks in the Nifty index, 17 were trading in the green, while 33 were in the red.
NEW DELHI: IT shares were trading with losses in Friday's session.

Shares of NIIT Technologies (down 6.01 per cent), Wipro (down 4.8 per cent), Just Dial (down 3.95 per cent), Mindtree (down 3.92 per cent), Tata Consultancy (down 1.98 per cent), Infosys (down 1.54 per cent) and Info Edge (India) (down 1.47 per cent) were the top losers in the index.

The Nifty IT index was trading 1.64 per cent down at 11848.4 around 12:00 pm.


Benchmark NSE Nifty50 index was down 128.60 points at 8125.2 , while the BSE Sensex was down 473.57 points at 27791.74.

Among the 50 stocks in the Nifty index, 17 were trading in the green, while 33 were in the red.

Shares of Vodafone Idea, SBI, YES Bank, RBL Bank Ltd., JSPL, ITC, ICICI Bank, Tata Motors, Ashok Leyland and Axis Bank were among the most traded shares on the NSE.
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