Information Technology stocks slide

Image
Capital Market
Last Updated : Jan 29 2021 | 2:16 PM IST

Information Technology stocks were trading with losses, with the S&P BSE IT Sector index decreasing 443.66 points or 1.74% at 25007.43 at 13:48 IST.

Among the components of the S&P BSE IT Sector index, Nucleus Software Exports Ltd (down 5%), Larsen & Toubro Infotech Ltd (down 4.47%),Cigniti Technologies Ltd (down 4.43%),3i Infotech Ltd (down 2.43%),Mindtree Ltd (down 2.31%), were the top losers. Among the other losers were Cyient Ltd (down 2.21%), Tata Consultancy Services Ltd (down 2.19%), Mphasis Ltd (down 2.03%), Infosys Ltd (down 1.92%), and Wipro Ltd (down 1.74%).

On the other hand, Aptech Ltd (up 5.99%), KPIT Technologies Ltd (up 5.72%), and Majesco Ltd (up 4.96%) turned up.

At 13:48 IST, the S&P BSE Sensex was down 211.97 or 0.45% at 46662.39.

The Nifty 50 index was down 73.6 points or 0.53% at 13743.95.

The S&P BSE Small-Cap index was down 5.08 points or 0.03% at 18028.82.

The S&P BSE 150 Midcap Index index was up 2.32 points or 0.04% at 6028.95.

On BSE,1500 shares were trading in green, 1241 were trading in red and 135 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: Jan 29 2021 | 2:00 PM IST

Next Story