Information Technology shares fall

Image
Capital Market
Last Updated : Aug 29 2022 | 2:50 PM IST

Information Technology stocks were trading in the negative zone, with the S&P BSE IT Sector index falling 982.12 points or 3.36% at 28262.74 at 13:47 IST.

Among the components of the S&P BSE IT Sector index, Tata Elxsi Ltd (down 4.67%), Hinduja Global Solutions Ltd (down 4.58%),Tech Mahindra Ltd (down 4.3%),Infosys Ltd (down 4%),Mindtree Ltd (down 3.94%), were the top losers. Among the other losers were Coforge Ltd (down 3.85%), Larsen & Toubro Infotech Ltd (down 3.75%), Mphasis Ltd (down 3.64%), Persistent Systems Ltd (down 3.56%), and KPIT Technologies Ltd (down 3.27%).

On the other hand, NELCO Ltd (up 10%), C.E. Info Systems Ltd (up 4.26%), and Quick Heal Technologies Ltd (up 1.71%) moved up.

At 13:47 IST, the S&P BSE Sensex was down 732.45 or 1.24% at 58101.42.

The Nifty 50 index was down 213.75 points or 1.22% at 17345.15.

The S&P BSE Small-Cap index was down 154.92 points or 0.55% at 28260.97.

The S&P BSE 150 Midcap Index index was down 67.8 points or 0.77% at 8785.52.

On BSE,1328 shares were trading in green, 2114 were trading in red and 199 were unchanged.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 29 2022 | 2:01 PM IST

Next Story