Stock market update: Nifty IT index falls 0.34%

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

Shares of HCL Technologies(up 0.19 per cent) ended the day as top gainers in the pack.

On the other hand, MPhasis(down 1.5 per cent), Larsen & Toubro Infotech(down 0.79 per cent), L&T Technology(down 0.55 per cent), Mindtree(down 0.52 per cent) and Infosys(down 0.42 per cent) finished as the top losers of the day.

The Nifty IT index closed 0.34 per cent down at 27742.8.

Benchmark NSE Nifty50 index ended down 10.2 points at 17655.6, while the BSE Sensex stood down 48.99 points at 59196.99.

Among the 50 stocks in the Nifty index, 21 ended in the green, while 29 closed in the red.

Shares of Suzlon Energy, JP Power, Reliance Power, YES Bank and PNB were among the most traded shares on the NSE.

Shares of Dreamfolks Services Ltd., Sakthi Sugars, Satin Creditcare, Rossell India and Mirza Intnl hit their fresh 52-week highs in today's trade, while FutureLifestyleFash, Debock Sales & Mktg, Future Retail, Sportking India and Mphasis hit their fresh 52-week lows.