Stock market update: Nifty IT index slips over 1%; HCL Tech sheds over 3%

NEW DELHI: Nifty IT stocks were trading on a negative note at 02:30PM (IST) on Tuesday.

While HCL Technologies (down 3.25 per cent), Larsen & Toubro Infotech (down 2.28 per cent), Mindtree (down 1.82 per cent), Tech Mahindra (down 1.71 per cent) and Coforge (down 1.66 per cent) were the top losers in the index.

The Nifty IT index was trading 1.27 per cent down at 25903.7 around 02:30PM.


Benchmark NSE Nifty50 index was down 60.70 points at 14298.75, while the BSE Sensex was down 216.44 points at 47732.98.

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.

Shares of PNB, Vodafone Idea, YES Bank, Tata Motors and SBI were among the most traded shares on the NSE.

Shares of Supreme Petro, Macrotech Developers, Cadila Healthcare, JSPL and CAMS hit their fresh 52 week high in today's trade, while Mittal Life Style, Jump Networks, Radha Madhav Corporation, Global Education, Bharat Road Network, Asian Hotels (West), Sharda Motor Industries and Marine Electricals (India) hit fresh 52 week low in trade.