Information Technology stocks slide

Information Technology stocks were trading with losses, with the BSE Information Technology index decreasing 246.87 points or 0.58% at 42490.62 at 13:47 IST.

Among the components of the BSE Information Technology index, Magellanic Cloud Ltd (down 3.26%), Tech Mahindra Ltd (down 1.4%),R Systems International Ltd (down 1.12%),Wipro Ltd (down 1.1%),Infosys Ltd (down 0.99%), were the top losers. Among the other losers were Mastek Ltd (down 0.96%), Dynacons Systems & Solutions Ltd (down 0.78%), LTIMindtree Ltd (down 0.68%), Control Print Ltd (down 0.63%), and HCL Technologies Ltd (down 0.62%).

On the other hand, AXISCADES Technologies Ltd (up 4.6%), Ramco Systems Ltd (up 3.59%), and Accelya Solutions India Ltd (up 3.54%) turned up.

At 13:47 IST, the BSE SmallCap was up 436.39 or 0.76% at 57518.

The BSE 150 MidCap Index index was up 89.52 points or 0.53% at 17094.74.

The Nifty 50 index was up 114.2 points or 0.44% at 25905.15.

The BSE Sensex index was up 259.21 points or 0.31% at 84803.52.

On BSE,2432 shares were trading in green, 1607 were trading in red and 143 were unchanged.

Powered by Capital Market - Live News