Stock market update: Nifty IT index falls 1.24%
Shares of MPhasis(up 0.38 per cent) ended the day as top gainers in the pack. On the other hand, HCL Technologies(down 2.86 per cent), LTIMindtree Ltd(down 2.28 per cent), Tata Consultancy(down 1.72 per cent), Coforge(down 1.71 per cent) and Persistent Systems(down 1.68 per cent) finished as the top losers of the day.
The Nifty IT index closed 1.24 per cent down at 29194.75. Benchmark NSE Nifty50 index ended up 24.1 points at 19355.9, while the BSE Sensex stood up 63.72 points at 65344.17.
Among the 50 stocks in the Nifty index, 16 ended in the green, while 34 closed in the red. Shares of Suzlon Energy, YES Bank, PNB, Tata Steel and Reliance Power were among the most traded shares on the NSE.
Shares of Cyient DLM Ltd., Xchanging Sol, Vadilal Ind, Inox Wind Ltd. and Ksolves India hit their fresh 52-week highs in today's trade, while Alps Industries, KKV Agro Powers Ltd., MEP Infrastructure, Setubandhan Infra and Rachana Infrastructu hit their fresh 52-week lows.
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