Stock market update: Nifty IT index falls 1.64%

On the other hand, Coforge Ltd.(down 6.86 per cent), Persistent Systems Ltd.(down 3.01 per cent), Infosys Ltd.(down 1.92 per cent), Tata Consultancy Services Ltd.(down 1.59 per cent) and Wipro Ltd.(down 1.32 per cent) finished as the top losers of the day.

The Nifty IT index closed 1.64 per cent down at 36886.05.

Benchmark NSE Nifty50 index ended up 32.36 points at 22055.7, while the BSE Sensex stood up 104.99 points at 72748.42.

Among the 50 stocks in the Nifty index, 23 ended in the green, while 27 closed in the red.

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

Shares of The Anup Engg, Reliance Infra, Linde India, Force Motors and Somi Conveyor hit their fresh 52-week highs in today's trade, while SITI Networks, Sanco Industries, Vaxtex Cotfab, Prudential Sugar and Stampede Cap(DVR)hit their fresh 52-week lows.