Stock Market

Share market update: IT shares dip; Mindtree down 1%

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NEW DELHI: IT shares were trading in the negative zone in Friday's morning session. Shares of Mindtree (down 1 per cent), Wipro (down 0.76 per cent) and Tata Consultancy Services (down 0.72 per cent) were the top losers in the index.

Oracle Financial Services Software (down 0.49 per cent) HCL Technologies (down 0.16 per cent) and Tech Mahindra (down 0.01 per cent) too were trading in the red. The Nifty IT index was trading 0.31 per cent down at 15,550.55 around 10:50 am.

Benchmark NSE Nifty50 index was down 19.20 points at 11,501.85 while the BSE Sensex was down 59.51 points at 38,327.24.

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

Shares of YES Bank, NTPC, ONGC, Indian Oil Corp, SBI, Bank of Baroda, Ashok Leyland, Hindalco Inds.

and ICICI Bank were among the most traded shares on the NSE.




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Category: Stock Market


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