Stock market update: Nifty IT index falls 0.06%

Stock market update: Nifty IT index falls 0.06%
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The Nifty IT index closed 0.06 per cent down at 38804.95.

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
NEW DELHI: The Nifty IT index closed on a negative note on Monday.

Shares of Tata Consultancy(up 1.29 per cent), Wipro(up 1.07 per cent), MPhasis(up 0.64 per cent), L&T Technology(up 0.59 per cent) and Infosys(up 0.53 per cent) ended the day as top gainers in the pack.

On the other hand, HCL Technologies(down 5.87 per cent), Coforge(down 1.06 per cent), Tech Mahindra(down 0.88 per cent) and Mindtree(down 0.79 per cent) finished as the top losers of the day.

The Nifty IT index closed 0.06 per cent down at 38804.95.

Benchmark NSE Nifty50 index ended up 52.35 points at 18308.1, while the BSE Sensex stood up 85.88 points at 61308.91.

Among the 50 stocks in the Nifty index, 34 ended in the green, while 16 closed in the red.

Shares of Vodafone Idea, Alok Industries, JP Power, HFCL and Suzlon Energy were among the most traded shares on the NSE.

Shares of Vivo Collaboration Solutions Ltd., Salona Cotspin, North Eastern, D K Enterprises Global Ltd. and Khaitan Chem hit their fresh 52-week highs in today's trade, while Asian Hotels(W), Dilip Buildcon, IGL and Uniinfo Telecom Serv hit their fresh 52-week lows.

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