Information technology stocks retreat slightly


Information technology stocks were trading in the red, with the S&P BSE IT Sector Index falling 461.87 points or 1.26% to 36121.19 at 1:51 p.m. IST.

Among the constituents of the S&P BSE IT Sector Index, Mphasis Ltd (down 2.64%), Allsec Technologies Ltd (down 2.48%), Hinduja Global Solutions Ltd (down 2.29%) Cigniti Technologies Ltd (down 2.26%), Tech Mahindra Ltd (down 2.12%) were the big losers. Other losers included HCL Technologies Ltd (down 2.04%), Tata Consultancy Services Ltd (down 1.68%), Birlasoft Ltd (down 1.56%), Nazara Technologies Ltd (down down 1.52%) and Sasken Technologies Ltd (down 1.51%) .

In contrast, Aurum Proptech Ltd (+5%), 63 Moons Technologies Ltd (+4.98%) and Kellton Tech Solutions Ltd (+4.98%) emerged.

As of 1:51 p.m. IST, the S&P BSE Sensex was down 485.77 or 0.81% at 59,690.73.

The Nifty 50 index fell 130.25 points or 0.73% to 17827.15.

The S&P BSE Small-Cap Index rose 136.5 points or 0.46% to 29718.99.

The S&P BSE 150 Midcap Index rose 23.08 points or 0.26% to 8877.87.

On the BSE, 2155 stocks were trading green, 1175 were trading red and 119 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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