Stock market update: Nifty IT index falls 1.44%

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

Shares of Mindtree(up 1.32 per cent) ended the day as top gainers in the pack.

On the other hand, MPhasis(down 4.17 per cent), L&T Technology(down 3.14 per cent), Wipro(down 2.0 per cent), Infosys(down 1.93 per cent) and Larsen & Toubro Infotech(down 1.65 per cent) finished as the top losers of the day.

The Nifty IT index closed 1.44 per cent down at 35394.65.

Benchmark NSE Nifty50 index ended down 63.2 points at 18114.9, while the BSE Sensex stood down 101.88 points at 60821.62.

Among the 50 stocks in the Nifty index, 16 ended in the green, while 33 closed in the red.

Shares of YES Bank, Rail Vikas Nigam, Federal Bank, Indian Railway Finance Corporation Ltd. and PNB were among the most traded shares on the NSE.

Shares of D K Enterprises Global Ltd., 3i Infotech, IRB Infra Dev., Rail Vikas Nigam and Paras Defence and Space Technologies Ltd. hit their fresh 52-week highs in today's trade, while Stylam Ind, Biocon, Destiny Logistics & Infra Ltd., SREI Infra Fin and Sansera Engineering Ltd. hit their fresh 52-week lows.