Share market update: IT shares in the red; MindTree, HCL among top losers

NEW DELHI: IT shares were trading in the red with the Nifty IT index down 0.57 per cent at 14550 on Thursday.

Shares of Oracle Financial Services Software (down 2.65 per cent), MindTree (down 2.47 per cent), HCL Technologies (down 2.11 per cent) and NIIT Technologies (down 1.73 per cent) were the top losers in the index.

Tata Elxsi (down 1.50 per cent), Tata Consultancy Services (down 0.84 per cent) and Tech Mahindra (down 0.47 per cent) too were trading in the red.


Benchmark NSE Nifty50 index was up 96 points at 10,824.85 while BSE Sensex was up 351.87 points at 36,068.82 around 12:00 pm.

Among the 50 stocks in the Nifty index, 38 were trading in the green, while 11 were in the red.

Shares of YES Bank, ICICI Bank, L&T Fin Holding, Idea Cellular, Axis Bank, ONGC, Indian Oil Corp, Vedanta, NTPC and SBI were among the most traded securities on the NSE.