Stock market update: Nifty IT index falls 0.47% in a weak market

Persistent Systems Ltd.(down 1.91 per cent), Wipro Ltd.(down 0.93 per cent), Tata Consultancy Services Ltd.(down 0.85 per cent), L&T Technology Services Ltd.(down 0.8 per cent) and Infosys Ltd.(down 0.56 per cent) were the top losers on the index.

The Nifty IT index was down 0.47 per cent at 34877.35 at the time of writing this report.

Benchmark NSE Nifty50 index was down 10.05 points at 22451.95, while the BSE Sensex was down 44.63 points at 73969.92.

Among the 50 stocks in the Nifty index, 22 were trading in the green, while 27 were in the red.

Shares of Vodafone Idea, YES Bank, Aditya Birla Retail, South Indian Bnk and BEL were among the most traded shares on the NSE.

Shares of Meghmani Finechem, Nila Spaces L, Lokesh Machines, HG Infra Engg and Wealth First Port hit their fresh 52-week highs in today's trade, while Lakshmi Precis, Creative Eye, Kridhan Infra, Accuracy Shipping and Gujarat Raffia hit fresh 52-week lows in trade.