Share market update: IT shares in the red; TCS dips 1%

NEW DELHI: IT shares were trading with losses in Friday's session.

Shares of MPhasis (down 2.88 per cent) , Tata Consultancy Services (down 1.55 per cent) , Infosys (down 1.36 per cent) , Larsen & Toubro Infotech (down 1.17 per cent) , Wipro (down 0.94 per cent) and Tech Mahindra (down 0.16 per cent) were the top losers in the index.

The Nifty IT index was trading 0.92 per cent down at 16770.85 around 02:20PM.


Benchmark NSE Nifty50 index was up 92.20 points at 10832.15, while the BSE Sensex was up 296.55 points at 36768.23.

Among the 50 stocks in the Nifty index, 35 were trading in the green, while 15 were in the red.

Shares of Vodafone Idea, BHEL, SAIL, YES Bank, Indian Oil Corp, BPCL, Tata Motors, Federal Bank, Ashok Leyland and SBI were among the most traded shares on the NSE.