Stock market update: Nifty IT index falls 0.65% in a weak market

MphasiS Ltd.(down 1.78 per cent), Infosys Ltd.(down 1.55 per cent), Persistent Systems Ltd.(down 1.06 per cent), L&T Technology Services Ltd.(down 0.98 per cent) and Coforge Ltd.(down 0.96 per cent) were the top losers on the index.

The Nifty IT index was down 0.65 per cent at 36857.6 at the time of writing this report.

Benchmark NSE Nifty50 index was down 63.65 points at 22429.9, while the BSE Sensex was down 258.19 points at 73861.2.

Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.

Shares of YES Bank, Infibeam Avenues, Vodafone Idea, Jio Financial Servic and PNB were among the most traded shares on the NSE.

Shares of Chemfab Alkalis, Kirloskar Bros., TTK Healthcare, KEC Int. and Torrent Power hit their fresh 52-week highs in today's trade, while Vibhor Steel Tubes, Exicom Tele-Systems, Infomedia Press, Platinum Industries and Mask Investments hit fresh 52-week lows in trade.