Stock market update: Nifty IT index falls 0.49%

NEW DELHI: The Nifty IT index closed on a negative note on Thursday.

Shares of MPhasis(up 1.1 per cent), L&T Technology(up 0.47 per cent) and Tech Mahindra(up 0.32 per cent) ended the day as top gainers in the pack.

On the other hand, LTIMindtree Ltd(down 1.93 per cent), Coforge(down 1.39 per cent), Persistent Systems(down 1.17 per cent), Tata Consultancy(down 0.65 per cent) and Infosys(down 0.49 per cent) finished as the top losers of the day.


The Nifty IT index closed 0.49 per cent down at 31060.2.

Benchmark NSE Nifty50 index ended down 99.75 points at 19365.25, while the BSE Sensex stood down 388.4 points at 65151.02.

Among the 50 stocks in the Nifty index, 17 ended in the green, while 33 closed in the red.

Shares of Indian Railway Fin, Vodafone Idea, Suzlon Energy, YES Bank and PNB were among the most traded shares on the NSE.

Shares of BF Utilities, Megasoft, eMudhra, Umang Dairies and D P Wires hit their fresh 52-week highs in today's trade, while Godha Cabcon & Insul, Penta Gold, Oriana Power, Transindia Real Esta and Richa Info Systems L hit their fresh 52-week lows.