Information Technology shares fall | Business Standard News



Information Technology stocks were trading in the negative zone, with the S&P BSE IT Sector index falling 1128.5 points or 3.82% at 28410.17 at 13:47 IST.

Among the components of the S&P BSE IT Sector index, Aptech Ltd (down 7.88%), Tanla Platforms Ltd (down 5.72%),Mindtree Ltd (down 5.69%),Aurionpro Solutions Ltd (down 5.44%),Infibeam Avenues Ltd (down 5.36%), were the top losers. Among the other losers were Larsen & Toubro Infotech Ltd (down 5.27%), Mastek Ltd (down 5.26%), Kellton Tech Solutions Ltd (down 5.14%), Tech Mahindra Ltd (down 5.03%), and Xelpmoc Design and Tech Ltd (down 4.95%).

On the other hand, RPSG Ventures Ltd (up 1.74%), moved up.

At 13:47 IST, the S&P BSE Sensex was down 1616.91 or 2.98% at 52686.53.

The Nifty 50 index was down 464.9 points or 2.87% at 15736.9.

The S&P BSE Small-Cap index was down 746.1 points or 2.89% at 25111.32.

The S&P BSE 150 Midcap Index index was down 209 points or 2.64% at 7721.49.

On BSE,615 shares were trading in green, 2787 were trading in red and 128 were unchanged.

Powered by Capital Market – Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Exit mobile version