Stock market update: Nifty IT index falls 0.93%

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

Shares of Wipro(up 0.06 per cent) ended the day as top gainers in the pack.

On the other hand, MPhasis(down 3.9 per cent), L&T Technology(down 2.77 per cent), Infosys(down 1.39 per cent), Mindtree(down 1.25 per cent) and Coforge(down 0.98 per cent) finished as the top losers of the day.

The Nifty IT index closed 0.93 per cent down at 26729.1.

Benchmark NSE Nifty50 index ended down 207.0 points at 16887.35, while the BSE Sensex stood down 638.11 points at 56788.81.

Among the 50 stocks in the Nifty index, 9 ended in the green, while 41 closed in the red.

Shares of Suzlon Energy, Vodafone Idea, ONGC, YES Bank and PNB were among the most traded shares on the NSE.

Shares of Cochin Shipyard, Upsurge Seeds of Agriculture Ltd., Triveni Turbine, Liberty Shoes and Shivalik Bimetal hit their fresh 52-week highs in today's trade, while Quadpro ITeS Ltd., Ansal Housing, Akshar Spintex, Viviana Power Tech Ltd. and Globe Textiles(Ind hit their fresh 52-week lows.