Stock market update: Nifty IT index falls 0.2% in a weak market

NEW DELHI: The Nifty IT index traded negative around 10:24AM(IST)on Tuesday in a weak market.

Mindtree(up 1.12 per cent), MPhasis(up 0.84 per cent), Coforge(up 0.53 per cent), Larsen & Toubro Infotech(up 0.42 per cent) and L&T Technology(up 0.37 per cent) were among the top gainers.

HCL Technologies(down 1.28 per cent), Infosys(down 1.06 per cent) and Tech Mahindra(down 0.14 per cent) were the top losers on the index.

The Nifty IT index was down 0.2 per cent at 27324.6 at the time of writing this report.

Benchmark NSE Nifty50 index was down 78.25 points at 16137.75, while the BSE Sensex was down 236.53 points at 54158.7.

Among the 50 stocks in the Nifty index, 13 were trading in the green, while 37 were in the red.

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

Shares of Orient Bell, PC Jeweller, DSJ Comm, Hubtown Ltd and Akshar Spintex hit their fresh 52-week highs in today's trade, while Arshiya, Suumaya Lifestyle, DRC Systems India Ltd., Sintex Plastics Tech and Viceroy Hotels hit fresh 52-week lows in trade.