Stock market update: Nifty IT index falls 0.23%

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

Shares of Coforge(up 2.18 per cent), L&T Technology(up 0.9 per cent), Mindtree(up 0.5 per cent), Larsen & Toubro Infotech(up 0.47 per cent) and Tata Consultancy(up 0.21 per cent) ended the day as top gainers in the pack.

On the other hand, Tech Mahindra(down 1.11 per cent), MPhasis(down 0.79 per cent), Wipro(down 0.7 per cent), Infosys(down 0.68 per cent) and HCL Technologies(down 0.37 per cent) finished as the top losers of the day.

The Nifty IT index closed 0.23 per cent down at 26782.65.

Benchmark NSE Nifty50 index ended down 88.55 points at 17629.8, while the BSE Sensex stood down 337.06 points at 59119.72.

Among the 50 stocks in the Nifty index, 22 ended in the green, while 28 closed in the red.

Shares of Suzlon Energy, Vodafone Idea, YES Bank, JP Power and Shree Ren Sug were among the most traded shares on the NSE.

Shares of Brand Concepts L, Servotech Power Syst, Saksoft Ltd, Sonu Infratech Ltd. and HSIL hit their fresh 52-week highs in today's trade, while Jakharia Fabric, Hind Oil Expl, KCK Industries Ltd., FutureLifestyleFash and Kopran Ltd hit their fresh 52-week lows.