Stock market update: Nifty IT index falls 1.1%

The Nifty IT index closed 1.1 per cent down at 30608.2.

ETMarkets.com

Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.

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

Shares of Persistent Systems(up 1.44 per cent) and Coforge(up 0.06 per cent) ended the day as top gainers in the pack.

On the other hand, Wipro(down 1.89 per cent), LTIMindtree Ltd(down 1.51 per cent), Tata Consultancy(down 1.43 per cent), HCL Technologies(down 1.14 per cent) and L&T Technology(down 1.13 per cent) finished as the top losers of the day.


The Nifty IT index closed 1.1 per cent down at 30608.2.

Benchmark NSE Nifty50 index ended down 272.4 points at 17554.3, while the BSE Sensex stood down 927.74 points at 59744.98.

Among the 50 stocks in the Nifty index, 3 ended in the green, while 47 closed in the red.
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Shares of YES Bank, IRB Infra Dev., Vodafone Idea, Zomato Ltd. and PNB were among the most traded shares on the NSE.

Shares of IRB Infra Dev., Nintec Systems Ltd., Aaron Industries, Vera Synthetic and Vinny Overseas hit their fresh 52-week highs in today's trade, while OrissaBengalCarrier, Shree Ram Proteins, Zee Learn, Kridhan Infra and Ginni Filaments hit their fresh 52-week lows.
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