Stock Market

NEW DELHI: Shares of KPIT Technologies (up 4.81 per cent), Tata Elxsi (up 2.95 per cent) and Tech Mahindra (up 2.40 per cent) were witnessing strong buying during afternoon trade on Wednesday amid a fresh fall in Indian rupee against the US dollar.The Nifty IT index was trading 0.60 per cent up at 13,565 around 01:50 pm.
Shares of Oracle Financial Services Software (up 1.47 per cent), Mindtree (up 1.42 per cent), Tata Consultancy Services (up 0.44 per cent) and Infosys (up 0.42 per cent) were also seeing traction.However, shares of HCL Technologies (down 0.98 per cent), Wipro (down 0.36 per cent) and Infibeam Incorporation (down 0.24 per cent) were in the red around that time.
Losses in oil, metal, FMCG and auto stocks were keeping the bourses down.
Benchmark NSE Nifty50 index was down 57 points at 10,480, while the BSE Sensex was 128 points down at 34,523.Among the 50 stocks in the Nifty index, 15 were trading in the green, while 35 were in the red.
State Bank of India, Cipla, ICICI Bank and Larsen Toubro were leading the pack of Nifty gainers.





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