Stock market update: Nifty IT index falls 0.3%

The Nifty IT index closed 0.3 per cent down at 36988.3.

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
NEW DELHI: The Nifty IT index closed on a negative note on Monday.

Shares of Tata Consultancy Services Ltd.(up 0.34 per cent), Tech Mahindra Ltd.(up 0.07 per cent), HCL Technologies Ltd.(up 0.07 per cent) and LTIMindtree Ltd.(up 0.01 per cent) ended the day as top gainers in the pack.

On the other hand, Persistent Systems Ltd.(down 1.65 per cent), Infosys Ltd.(down 0.99 per cent), MphasiS Ltd.(down 0.93 per cent), L&T Technology Services Ltd.(down 0.58 per cent) and Wipro Ltd.(down 0.19 per cent) finished as the top losers of the day.


The Nifty IT index closed 0.3 per cent down at 36988.3.

Benchmark NSE Nifty50 index ended down 160.9 points at 22332.65, while the BSE Sensex stood down 616.75 points at 73502.64.

Among the 50 stocks in the Nifty index, 19 ended in the green, while 31 closed in the red.
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Shares of Vodafone Idea, YES Bank, Infibeam Avenues, Jio Financial Servic and NHPC were among the most traded shares on the NSE.

Shares of Godfrey Philips, Chemfab Alkalis, KEC Int., Jio Financial Servic and Kirloskar Bros. hit their fresh 52-week highs in today's trade, while Vibhor Steel Tubes, GRM Overseas, HMA Agro Industries, Exicom Tele-Systems and Ibull Housing Fin(PP)hit their fresh 52-week lows.
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