IT shares fall; Wipro top loser on Sensex, Nifty on growth worries

Shares of information technology companies such as Wipro, TCS and Infosys were trading lower on Monday after country's third-largest software services exporter Wipro said US president Donald Trump’s administration and his regulations could be a potential threat to its growth. 

Reacting to the development, the Nifty IT index fell over 1% to 10,314, and was among the top three sectoral losers on NSE. 

Among individual stocks, Wipro was the top loser on Sensex and Nifty and dipped over 2% to Rs 523 on the NSE. TCS and Infosys were also down up to 1%. 

Wipro, in its filing to the