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Stock market replace: Nifty IT index tanks 800 factors! L&T Infotech dips over 6%

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NEW DELHI: Nifty IT index was buying and selling with losses at 12:16PM (IST) on Tuesday.

While Larsen & Toubro Infotech (down 6.66 per cent), Info Edge (India) (down 6.26 per cent), Mindtree (down 5.41 per cent), Tech Mahindra (down 4.84 per cent) and HCL Technologies (down 4.Three per cent) had been the highest losers within the index.

The Nifty IT index was buying and selling 3.82 per cent down at 20985.85 round 12:16PM.

Benchmark NSE Nifty50 index was up 109.55 factors at 12570.6, whereas the BSE Sensex was up 442.34 factors at 43039.77.

Among the 50 shares within the Nifty index, 31 had been buying and selling within the inexperienced, whereas 19 had been within the purple.

Shares of SBI, Crompton Greaves Consumer Electricals Ltd., Vodafone Idea, Tata Motors and YES Bank had been among the many most traded shares on the NSE.

Shares of Ashok Leyland, InterGlobe Aviation Ltd., Tata Steel (PP), Pfizer and ExtremelyTech Cem. hit their recent 52 week excessive in at this time’s commerce, whereas SITI Networks Ltd., Vikas Proppant & Granite Ltd., Jump Networks Ltd., SKIL Infrastructure Ltd., WABCO India Ltd. and Laurus Labs Ltd. hit recent 52 week low in commerce.

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