Quick Wrap: Nifty IT Index registers a drop of 0.97%

Nifty IT index closed down 0.97% at 14852 today. The index has lost 4.00% over last one month. Among the constituents, Just Dial Ltd dropped 4.88%, Tata Elxsi Ltd shed 2.29% and NIIT Technologies Ltd slipped 1.94%. The Nifty IT index has increased 1.00% over last one year compared to the 10.77% spike in benchmark Nifty 50 index. In other indices, Nifty PSE index has slid 0.96% and Nifty Auto index is down 0.91% on the day. In broad markets, the Nifty 50 has dropped 0.07% to close at 12048.2 while the SENSEX increased 0.02% to close at 40802.17 today.

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