Share market update: IT shares in the red; Wipro falls 2%

Share market update: IT shares in the red; Wipro falls 2%
ETMarkets.com
Synopsis

The Nifty IT index was trading 1.35 per cent down at 17040.8.

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Among the 50 stocks in the Nifty index, 12 were trading in the green, while 37 were in the red.

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

Shares of Wipro (down 2.36 per cent) , Infosys (down 2.08 per cent) , NIIT Technologies (down 1.56 per cent) , Tata Consultancy (down 1.46 per cent) , Info Edge (India) (down 1.33 per cent) , Tech Mahindra (down 0.97 per cent) and HCL Technologies (down 0.55 per cent) were the top losers in the index.

The Nifty IT index was trading 1.35 per cent down at 17040.8 around 02:12PM.

Benchmark NSE Nifty50 index was down 78.05 points at 11084.2, while the BSE Sensex was down 243.46 points at 37686.87.

Among the 50 stocks in the Nifty index, 12 were trading in the green, while 37 were in the red.

Shares of Vodafone Idea, M&M Financial, Axis Bank, SBI, Vedanta , TV18 Broadcast, Tata Motors, ICICI Bank, YES Bank and SAIL were among the most traded shares on the NSE.
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