Stock market update: Nifty IT index falls 0.07%

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

Shares of Larsen & Toubro Infotech(up 2.17 per cent), Mindtree(up 0.95 per cent), Infosys(up 0.35 per cent), Coforge(up 0.33 per cent) and Wipro(up 0.09 per cent) ended the day as top gainers in the pack.

On the other hand, L&T Technology(down 1.86 per cent), Tata Consultancy(down 0.79 per cent), HCL Technologies(down 0.53 per cent), Tech Mahindra(down 0.32 per cent) and MPhasis(down 0.21 per cent) finished as the top losers of the day.

The Nifty IT index closed 0.07 per cent down at 34354.8.

Benchmark NSE Nifty50 index ended down 54.65 points at 17475.65, while the BSE Sensex stood down 237.44 points at 58338.93.

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

Shares of Vodafone Idea, YES Bank, Zomato Ltd., Redington and Suzlon Energy were among the most traded shares on the NSE.

Shares of Hariom Pipe Industries Ltd., Dynacons Sys, Nahar Industrial, Thermax and Asian Hotels(E)hit their fresh 52-week highs in today’s trade, while Debock Sales & Mktg, SP Refractories Ltd., Innovative Tyres & T and DRC Systems India Ltd. hit their fresh 52-week lows.