Stock market update: Nifty IT index falls 1.49%

The Nifty IT index closed 1.49 per cent down at 26732.45.

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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(up 2.42 per cent) ended the day as top gainers in the pack.

On the other hand, MPhasis(down 5.01 per cent), Wipro(down 4.05 per cent), Tata Consultancy(down 1.69 per cent), L&T Technology(down 1.53 per cent) and Larsen & Toubro Infotech(down 1.43 per cent) finished as the top losers of the day.


The Nifty IT index closed 1.49 per cent down at 26732.45.

Benchmark NSE Nifty50 index ended down 67.1 points at 15293.5, while the BSE Sensex stood down 135.37 points at 51360.42.

Among the 50 stocks in the Nifty index, 12 ended in the green, while 38 closed in the red.
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Shares of Vodafone Idea, YES Bank, SAIL, Suzlon Energy and RBL Bank were among the most traded shares on the NSE.

Shares of Globesecure Technologies Ltd., HAL, Kohinoor Foods, Globe Intl. Carriers and CMM Infraprojects Ltd. hit their fresh 52-week highs in today's trade, while Biofil Chem, Vivimed Labs, SKM Egg Prod, JTL Infra and Jubilant Life hit their fresh 52-week lows.
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