Stock market update: Nifty IT index falls 0.59% in a weak market

NEW DELHI: The Nifty IT index traded negative around 10:32AM(IST)on Monday in a weak market.

Wipro Ltd.(up 0.26 per cent) were among the top gainers.

Persistent Systems Ltd.(down 2.09 per cent), L&T Technology Services Ltd.(down 1.29 per cent), MphasiS Ltd.(down 1.17 per cent), Coforge Ltd.(down 1.01 per cent) and LTIMindtree Ltd.(down 0.9 per cent) were the top losers on the index.


The Nifty IT index was down 0.59 per cent at 42668.25 at the time of writing this report.

Benchmark NSE Nifty50 index was down 182.55 points at 23377.4, while the BSE Sensex was down 592.76 points at 77267.43.

Among the 50 stocks in the Nifty index, 11 were trading in the green, while 39 were in the red.

Shares of Vodafone Idea, YES Bank, Tata Steel, Zomato and Ola Electric Mobilit were among the most traded shares on the NSE.

Shares of Pansari Developers, Norben Tea Exp, Reliance Naval & Engg, Hotel Rugby and Redington hit their fresh 52-week highs in today's trade, while NGL Fine Chem, Carraro India L, IFGL Refractories, Anuh Pharma and Baazar Style Retail hit fresh 52-week lows in trade.