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    Stock market update: Nifty IT index falls 0.42% in a weak market

    Synopsis

    The Nifty IT index was trading 0.42 per cent down at 30051.75.

    Tech View
    Analysts see 15,900 to continue to pose as the immediate resistance.
    NEW DELHI: The Nifty IT index traded negative around 10:30AM(IST)on Friday in a weak market.

    Persistent Systems(up 0.17 per cent) and MPhasis(up 0.06 per cent) were among the top gainers.

    Tech Mahindra(down 0.74 per cent), Wipro(down 0.54 per cent), Tata Consultancy(down 0.53 per cent), HCL Technologies(down 0.5 per cent) and Infosys(down 0.45 per cent) were the top losers on the index.

    The Nifty IT index was down 0.42 per cent at 30051.75 at the time of writing this report.

    Benchmark NSE Nifty50 index was down 13.65 points at 18470.45, while the BSE Sensex was down 31.87 points at 62240.81.

    Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.

    Shares of PNB, Indian Railway Finance Corporation Ltd., Suzlon Energy, YES Bank and UCO Bank were among the most traded shares on the NSE.

    Shares of Dev Information Tech, Panama Petro, BSL Ltd, PNB and Hariom Pipe Industries Ltd. hit their fresh 52-week highs in today's trade, while FutureLifestyleFash, Educomp Sols., Jump Networks, SS Infrastructure and Sintex Plastics Tech hit fresh 52-week lows in trade.



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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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