Information Technology shares slide

Information Technology stocks were trading with losses, with the BSE Information Technology index falling 433.99 points or 1.02% at 42302.28 at 13:47 IST.
Among the components of the BSE Information Technology index, Oracle Financial Services Software Ltd (down 4.17%), LTIMindtree Ltd (down 3.54%),Zensar Technologies Ltd (down 3.16%),Tech Mahindra Ltd (down 2.78%),Nucleus Software Exports Ltd (down 2.63%), were the top losers. Among the other losers were Black Box Ltd (down 2.63%), Magellanic Cloud Ltd (down 2.09%), Zaggle Prepaid Ocean Services Ltd (down 2.06%), Tanla Platforms Ltd (down 1.82%), and Birlasoft Ltd (down 1.66%).
On the other hand, Vakrangee Ltd (up 9.85%), NELCO Ltd (up 3.45%), and Ramco Systems Ltd (up 1.29%) moved up.
At 13:47 IST, the BSE SmallCap was down 246.31 or 0.43% at 57229.27.
The BSE 150 MidCap Index index was down 131.36 points or 0.77% at 17017.82.
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The Nifty 50 index was down 32.7 points or 0.13% at 25907.7.
The BSE Sensex index was down 34.94 points or 0.04% at 84879.1.
On BSE,1562 shares were trading in green, 2335 were trading in red and 119 were unchanged.
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First Published: Sep 25 2024 | 2:00 PM IST
