NEW DELHI: IT shares were trading with losses in Monday's session.

Shares of Tech Mahindra (down 8.02 per cent), HCL Technologies (down 5.99 per cent), Just Dial (down 5.45 per cent), Infosys (down 4.96 per cent), Tata Consultancy (down 4.46 per cent), Info Edge (India) (down 3.2 per cent), MPhasis (down 1.87 per cent), NIIT Technologies (down 1.78 per cent), Mindtree (down 1.48 per cent) and Wipro (down 1.05 per cent) were the top losers in the index.

The Nifty IT index was trading 4.48 per cent down at 13476.4 around 02:02PM.

Benchmark NSE Nifty50 index was down 531.15 points at 9328.75 , while the BSE Sensex was down 1855.09 points at 31862.53 .

Among the 50 stocks in the Nifty index, 4 were trading in the green, while 46 were in the red.

Shares of Vodafone Idea, BHEL, Tata Motors, SBI, IDFC First Bank Ltd., Bharti Airtel, Axis Bank, Vedanta , ICICI Bank and Ashok Leyland were among the most traded shares on the NSE.