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The Economic Times

Stock market update: IT shares dip; NIIT Tech falls over 1%

NEW DELHI: IT shares were trading lower in Wednesday's morning session.

Shares of NIIT Technologies (down 1.25 per cent), Oracle Financial Services Software (down 1.18 per cent), MindTree (down 0.73 per cent) and Wipro (down 0.69 per cent) were trading lower.

Infosys (down 0.65 per cent), Infibeam Avenues (down 0.37 per cent) and Tech Mahindra (down 0.02 per cent) too were trading with losses.

The Nifty IT index was trading 0.01 per cent down at 15,337.15 around 10:03 am.

Benchmark NSE Nifty50 index was down 79.15 points at 11,509.05 while the BSE Sensex was down 284.44 points at 38,812.70.

Among the 50 stocks in the Nifty index, 17 were trading in the green, while 33 were in the red.

Shares of YES Bank, ZEEL, Ashok Leyland, GMR Infra, Adani Power, SBI, IDBI Bank, Tata Motors, Dish TV India and Vodafone Idea were among the most traded shares on the NSE.
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