Stock market update: Nifty IT index falls 1.15%

NEW DELHI: The Nifty IT index closed on a negative note on Friday.

Shares of L&T Technology(up 0.58 per cent) ended the day as top gainers in the pack.

On the other hand, Mindtree(down 2.44 per cent), MPhasis(down 2.1 per cent), Larsen & Toubro Infotech(down 1.8 per cent), Coforge(down 1.67 per cent) and Infosys(down 1.6 per cent) finished as the top losers of the day.

The Nifty IT index closed 1.15 per cent down at 29885.9.

Benchmark NSE Nifty50 index ended up 39.15 points at 17698.15, while the BSE Sensex stood up 130.18 points at 59462.78.

Among the 50 stocks in the Nifty index, 26 ended in the green, while 24 closed in the red.

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

Shares of GVK Power Infra, AMD Industries, Pavna Industries Ltd., Hilton Metal and Ethos Ltd. hit their fresh 52-week highs in today's trade, while Future Retail, Birla Tyres, 8K Miles Soft, Krsnaa Diagnostics and Vipul Ltd hit their fresh 52-week lows.