You are here: Home » News-CM » Equities » Hot Pursuit
Business Standard

Information Technology shares slip

Capital Market 

Information Technology stocks were trading in the negative zone, with the S&P BSE IT Sector index falling 638.45 points or 2.86% at 21674.19 at 13:54 IST.

Among the components of the S&P BSE IT Sector index, Persistent Systems Ltd (down 7.22%), Zen Technologies Ltd (down 6.81%),Mindtree Ltd (down 5.35%),Coforge Ltd (down 4.62%),Nucleus Software Exports Ltd (down 4.35%), were the top losers. Among the other losers were Sasken Technologies Ltd (down 4.34%), Ramco Systems Ltd (down 4.28%), HCL Technologies Ltd (down 4.08%), Tech Mahindra Ltd (down 3.76%), and L&T Technology Services Ltd (down 3.64%).

On the other hand, Subex Ltd (up 4.77%), Brightcom Group Ltd (up 3.96%), and Oracle Financial Services Software Ltd (up 2.85%) moved up.

At 13:54 IST, the S&P BSE Sensex was down 681.3 or 1.67% at 40113.44.

The Nifty 50 index was down 168.15 points or 1.4% at 11802.9.

The S&P BSE Small-Cap index was down 102.83 points or 0.69% at 14756.7.

The S&P BSE 150 Midcap Index index was down 37.64 points or 0.76% at 4887.22.

On BSE,1048 shares were trading in green, 1444 were trading in red and 159 were unchanged.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, October 15 2020. 14:01 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU