Stock Market

Share market update: IT shares trade in the red; HCL Tech down 3%

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NEW DELHI: The Nifty IT index was trading 1.62 per cent down at 14,697.35 around 10:30 am on Thursday with most of its components trading in the red. Shares of HCL Technologies (down 2.88 per cent), Tech Mahindra (down 2.41 per cent), Oracle Financial Services Software (down 1.90 per cent) and Wipro (down 1.49 per cent) were among the worst performers.

MindTree (down 1.41 per cent), Tata Consultancy Services (down 1.23 per cent) and Infosys (down 1.12 per cent) were among the top losers in the index.

Benchmark NSE Nifty50 index was up 4.20 points at 10,390.8 while BSE Sensex was up 53.79 points at 34,495.84 at that time.

Among the 50 stocks in the Nifty index, 29 were trading in the green, while 20 were in the red.

Shares of YES Bank, Tata Motors, SBI, Bank of Baroda, Indian Oil Corp, Vedanta, BEL, BHEL, Ashok Leyland and ICICI Bank were among the most traded shares on the National Stock Exchange.




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