Information Technology shares slide

Image
Capital Market
Last Updated : Jun 25 2020 | 2:32 PM IST

Information Technology stocks were trading in the negative zone, with the S&P BSE IT Sector index falling 129.77 points or 0.89% at 14492.81 at 13:53 IST.

Among the components of the S&P BSE IT Sector index, Kellton Tech Solutions Ltd (down 5%), 3i Infotech Ltd (down 4.76%),Cerebra Integrated Technologies Ltd (down 3.51%),Intellect Design Arena Ltd (down 3.29%),Datamatics Global Services Ltd (down 3.09%), were the top losers. Among the other losers were Ramco Systems Ltd (down 2.89%), Infibeam Avenues Ltd (down 2.76%), Expleo Solutions Ltd (down 2.61%), Tanla Solutions Ltd (down 2.48%), and Oracle Financial Services Software Ltd (down 2.29%).

On the other hand, Quick Heal Technologies Ltd (up 8.68%), Cyient Ltd (up 7.42%), and AXISCADES Engineering Technologies Ltd (up 5%) moved up.

At 13:53 IST, the S&P BSE Sensex was up 131.08 or 0.38% at 35000.06.

The Nifty 50 index was up 31.8 points or 0.31% at 10337.1.

The S&P BSE Small-Cap index was up 55.12 points or 0.44% at 12565.89.

The S&P BSE 150 Midcap Index index was up 33.44 points or 0.77% at 4371.6.

On BSE,1414 shares were trading in green, 1152 were trading in red and 131 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

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

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

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

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: Jun 25 2020 | 2:00 PM IST

Next Story