Stock market update: Nifty IT index falls 0.29%

Stock market update: Nifty IT index falls 0.29%
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The Nifty IT index closed 0.29 per cent down at 34521.55.

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 Tuesday.

Shares of Wipro(up 0.58 per cent), HCL Technologies(up 0.4 per cent), Mindtree(up 0.37 per cent), Larsen & Toubro Infotech(up 0.27 per cent) and Infosys(up 0.13 per cent) ended the day as top gainers in the pack.

On the other hand, Coforge(down 1.66 per cent), MPhasis(down 1.35 per cent), Tata Consultancy(down 0.94 per cent), Tech Mahindra(down 0.7 per cent) and L&T Technology(down 0.61 per cent) finished as the top losers of the day.

The Nifty IT index closed 0.29 per cent down at 34521.55.

Benchmark NSE Nifty50 index ended up 53.15 points at 17266.75, while the BSE Sensex stood up 187.39 points at 57808.58.

Among the 50 stocks in the Nifty index, 30 ended in the green, while 20 closed in the red.

Shares of Vodafone Idea, YES Bank, Adani Wilmar Ltd., Reliance Power and Suzlon Energy were among the most traded shares on the NSE.

Shares of Madhya Bharat Agro, Poddar Housing, Mahalaxmi Rub, TVS Electronics and Advani Hotels hit their fresh 52-week highs in today's trade, while Lasa Supergenerics, Timescan Logistics(India)Ltd., Sansera Engineering Ltd., Precision Metaliks Ltd. and Uniinfo Telecom Serv hit their fresh 52-week lows.

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