Stock market update: Nifty IT index falls 0.17% in a weak market

The Nifty IT index was trading 0.17 per cent down at 38756.3.

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NEW DELHI: The Nifty IT index traded negative around 10:51AM(IST)on Monday in a weak market.

MphasiS Ltd.(up 1.63 per cent) and Tata Consultancy Services Ltd.(up 0.2 per cent) were among the top gainers.

LTIMindtree Ltd.(down 0.72 per cent), Tech Mahindra Ltd.(down 0.47 per cent), Infosys Ltd.(down 0.45 per cent), Wipro Ltd.(down 0.28 per cent) and Coforge Ltd.(down 0.27 per cent) were the top losers on the index.


The Nifty IT index was down 0.17 per cent at 38756.3 at the time of writing this report.

Benchmark NSE Nifty50 index was down 97.85 points at 25539.95, while the BSE Sensex was down 357.16 points at 83701.74.

Among the 50 stocks in the Nifty index, 16 were trading in the green, while 34 were in the red.
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Shares of RattanIndia Power, Vodafone Idea, JP Power, YES Bank and Suzlon Energy were among the most traded shares on the NSE.

Shares of Indef Manufacturing, Prostarm Info System, Cube Highways Trust, Force Motors and NDR Auto Components hit their fresh 52-week highs in today's trade, while Digitide Solutions Ltd., Alps Industries, SKIL Infrastructure, Morarjee Text and Sadhana Nitro hit fresh 52-week lows in trade.
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