Stock market update: Nifty IT index falls 1.0%

Stock market update: Nifty IT index falls 1.0%
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The Nifty IT index closed 1.0 per cent down at 36152.3.

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RSI has turned north from the 60 level, confirming bullishness.
NEW DELHI: The Nifty IT index closed on a negative note on Friday.

Shares of Larsen & Toubro Infotech(up 0.1 per cent) and Mindtree(up 0.09 per cent) ended the day as top gainers in the pack.

On the other hand, Tech Mahindra(down 2.42 per cent), L&T Technology(down 2.15 per cent), MPhasis(down 1.62 per cent), Coforge(down 1.25 per cent) and Wipro(down 1.18 per cent) finished as the top losers of the day.

The Nifty IT index closed 1.0 per cent down at 36152.3.

Benchmark NSE Nifty50 index ended down 69.75 points at 17153.0, while the BSE Sensex stood down 233.48 points at 57362.2.

Among the 50 stocks in the Nifty index, 12 ended in the green, while 38 closed in the red.

Shares of Adani Power, L&T Fin Holding, Vodafone Idea, IDFC First Bank and YES Bank were among the most traded shares on the NSE.

Shares of Goa Carbons, Som Distill, Tata Elxsi, Lemon Tree Hotels and Guj Mineral Dev. hit their fresh 52-week highs in today's trade, while Felix Industries, Akash Infra-Proj, Future Enterprises, GMR Power and Urban Infra Ltd. and Ganga Forging hit their fresh 52-week lows.

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