NEW DELHI: IT shares were trading lower in Monday's morning session.
Shares of Infibeam Avenues (down 2.44 per cent) , Infosys (down 0.85 per cent) , Tata Consultancy Services (down 0.83 per cent) and HCL Technologies (down 0.79 per cent) were trading with losses.
Tata Elxsi (down 0.72 per cent) , Oracle Financial Services Software (down 0.13 per cent) and Wipro (down 0.10 per cent) too were trading lower.
The Nifty IT index was trading 0.48 per cent down at 15,476.70 around 10:28 am.
Benchmark NSE Nifty50 index was down 96.85 points at 11,360.05 while the BSE Sensex was down 319.49 points at 37,845.12.
Among the 50 stocks in the Nifty index, 7 were trading in the green, while 43 were in the red.
Shares of SAIL, Indian Oil Corp, YES Bank, ONGC, NTPC, Bank of Baroda, Tata Motors, SBI and BEL were among the most traded shares on the NSE
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Share market update: IT shares down; Infibeam Avenues dips 2%
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