Stock market update: Nifty IT index falls 0.39%

On the other hand, MphasiS Ltd.(down 2.41 per cent), Coforge Ltd.(down 1.71 per cent), HCL Technologies Ltd.(down 1.32 per cent), Tata Consultancy Services Ltd.(down 0.93 per cent) and L&T Technology Services Ltd.(down 0.87 per cent) finished as the top losers of the day.

The Nifty IT index closed 0.39 per cent down at 33368.3.

Benchmark NSE Nifty50 index ended up 151.16 points at 22147.0, while the BSE Sensex stood up 599.34 points at 73088.33.

Among the 50 stocks in the Nifty index, 29 ended in the green, while 21 closed in the red.

Shares of Vodafone Idea, YES Bank, NHPC, Tata Steel and Suzlon Energy were among the most traded shares on the NSE.

Shares of KM Sugar Mills, Eldeco Housing, Solara Active Pharma, Hindustan Motor and Force Motors hit their fresh 52-week highs in today's trade, while Sumeet Ind, Ibull Housing Fin(PP), MEP Infrastructure, Future Supply Chain and Bata India hit their fresh 52-week lows.