Information Technology Stocks Fall | Trade Standard News


Information technology stocks were trading in the negative zone, with the S&P BSE IT Sector Index falling 67.12 points or 0.18% to 36335.62 at 1:51 p.m. IST.

Among the components of the S&P BSE IT Sector index, Intellect Design Arena Ltd (-3.48%), Tanla Platforms Ltd (-2.69%), NIIT Ltd (-2.62%), Coforge Ltd (-1 .9%), Persistent Systems Ltd (down 1.55%), were the big losers. Other losers included Tech Mahindra Ltd (down 1.46%), Mindtree Ltd (down 1.41%), Mphasis Ltd (down 1.35%), Larsen & Toubro Infotech Ltd (down down 0.54%) and Infosys Ltd (down 0.43%).

On the other hand, Subex Ltd (+7.63%), Vakrangee Ltd (+7.63%) and Hinduja Global Solutions Ltd (+7.43%) advanced.

As of 1:51 p.m. IST, the S&P BSE Sensex was up 403.81 or 0.69% at 58,972.32.

The Nifty 50 index rose 117.6 points or 0.67% to 17582.35.

The S&P BSE Small-Cap Index rose 434.08 points or 1.54% to 28,649.73.

The S&P BSE 150 Midcap Index rose 78.68 points or 0.92% to 8597.2.

On the BSE, 2581 stocks were trading green, 735 were trading red and 107 were unchanged.

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

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