Stock market update: Nifty IT index  falls  0.2% in  a weak  market

The Nifty IT index was trading 0.2 per cent down at 33973.25.

NEW DELHI: The Nifty IT index traded negative around 10:39AM(IST)on Friday in a weak market.

Coforge Ltd.(up 0.67 per cent), Wipro Ltd.(up 0.56 per cent), LTIMindtree Ltd.(up 0.35 per cent), Persistent Systems Ltd.(up 0.33 per cent) and Tech Mahindra Ltd.(up 0.19 per cent) were among the top gainers.

Tata Consultancy Services Ltd.(down 0.94 per cent), L&T Technology Services Ltd.(down 0.42 per cent), Infosys Ltd.(down 0.3 per cent), HCL Technologies Ltd.(down 0.26 per cent) and MphasiS Ltd.(down 0.12 per cent) were the top losers on the index.

The Nifty IT index was down 0.2 per cent at 33973.25 at the time of writing this report.

Benchmark NSE Nifty50 index was down 18.41 points at 22949.25, while the BSE Sensex was down 46.29 points at 75371.75.

Among the 50 stocks in the Nifty index, 19 were trading in the green, while 31 were in the red.

Shares of Vodafone Idea, YES Bank, Indian Railway Fin, NHPC and Rail Vikas Nigam were among the most traded shares on the NSE.

Shares of JohnsonCtrls Hitachi, Finolex Cables, Bharat Dynamics, Welspun Ent and G M Breweries hit their fresh 52-week highs in today's trade, while Revathi Equipment, Mask Investments, Melstar Info, Gujarat Lease and Peria Karamalai Tea hit fresh 52-week lows in trade.

Source: Stocks-Markets-Economic Times

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