Stock market update: Nifty IT index falls 0.44%

The Nifty IT index closed 0.44 per cent down at 38822.95.

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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 Coforge Ltd.(up 0.61 per cent) ended the day as top gainers in the pack.

On the other hand, LTIMindtree Ltd.(down 1.49 per cent), Wipro Ltd.(down 1.3 per cent), Tech Mahindra Ltd.(down 0.94 per cent), Oracle Financial Services Software Ltd.(down 0.93 per cent) and Persistent Systems Ltd.(down 0.75 per cent) finished as the top losers of the day.


The Nifty IT index closed 0.44 per cent down at 38822.95.

Benchmark NSE Nifty50 index ended up 88.8 points at 25637.8, while the BSE Sensex stood up 303.03 points at 84058.9.

Among the 50 stocks in the Nifty index, 27 ended in the green, while 23 closed in the red.
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Shares of Vodafone Idea, RattanIndia Power, Suzlon Energy, YES Bank and Eternal were among the most traded shares on the NSE.

Shares of Sangam(India), NDR Auto Components, Shree Global, Lloyds Steels(PP)and LT Foods hit their fresh 52-week highs in today's trade, while Supreme Holdings, Digitide Solutions Ltd., Bodhi Tree Multimedia, Osia Hyper Retail and Sadhana Nitro hit their fresh 52-week lows.
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