Stock market update: Nifty IT index falls 0.16%

The Nifty IT index closed 0.16 per cent down at 30819.15.

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Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively.
NEW DELHI: The Nifty IT index closed on a negative note on Friday.

Shares of HCL Technologies(up 3.28 per cent), Coforge(up 2.35 per cent), Persistent Systems(up 0.99 per cent), L&T Technology(up 0.24 per cent) and Tata Consultancy(up 0.19 per cent) ended the day as top gainers in the pack.

On the other hand, Wipro(down 1.34 per cent), Tech Mahindra(down 1.24 per cent), Infosys(down 1.24 per cent) and MPhasis(down 0.82 per cent) finished as the top losers of the day.


The Nifty IT index closed 0.16 per cent down at 30819.15.

Benchmark NSE Nifty50 index ended down 114.8 points at 19428.3, while the BSE Sensex stood down 365.53 points at 65322.65.

Among the 50 stocks in the Nifty index, 10 ended in the green, while 39 closed in the red.
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Shares of Suzlon Energy, IOB, JP Power, YES Bank and Bank of Maharashtra were among the most traded shares on the NSE.

Shares of Redtape L, Oriana Power, Vinsys IT Services, MITCON Const & Engg. and Ashapura Mine hit their fresh 52-week highs in today's trade, while BKM Industries, Reliance Home Fin, Richa Info Systems L, Transindia Real Esta and Penta Gold hit their fresh 52-week lows.
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