 "IT shares trade weak on strong rupee")
Shares of information technology (IT) companies were trading weak in otherwise firm market as the Indian rupee strengthens further against US dollar.
Tata Consultancy Services (TCS), Infosys, HCL Technologies, Wipro and Tech Mahindra were down in the range of 1%-2% on the National Stock Exchange (NSE).
At 10:13 am; Nifty IT index, the sole loser among sectoral indices, was down 1.3% as compared to 0.13% gain in the benchmark Nifty 50 index.
The Indian rupee strengthened for the third session to hit a fresh 16-month high against the US dollar. At 10.20 am, the rupee was trading
Tata Consultancy Services (TCS), Infosys, HCL Technologies, Wipro and Tech Mahindra were down in the range of 1%-2% on the National Stock Exchange (NSE).
At 10:13 am; Nifty IT index, the sole loser among sectoral indices, was down 1.3% as compared to 0.13% gain in the benchmark Nifty 50 index.
The Indian rupee strengthened for the third session to hit a fresh 16-month high against the US dollar. At 10.20 am, the rupee was trading
