Information Technology shares slide
Information Technology stocks were trading with losses, with the BSE Information Technology index falling 496.4 points or 1.12% at 43763.17 at 13:42 IST.
Among the components of the BSE Information Technology index, Tanla Platforms Ltd (down 3.07%), Wipro Ltd (down 2.59%),Magellanic Cloud Ltd (down 2.11%),Tech Mahindra Ltd (down 2.02%),Dynacons Systems & Solutions Ltd (down 1.86%), were the top losers. Among the other losers were Tata Consultancy Services Ltd (down 1.79%), Sasken Technologies Ltd (down 1.78%), Birlasoft Ltd (down 1.62%), KPIT Technologies Ltd (down 1.56%), and Persistent Systems Ltd (down 1.36%).
On the other hand, Nucleus Software Exports Ltd (up 7.21%), AXISCADES Technologies Ltd (up 5%), and Datamatics Global Services Ltd (up 3.11%) moved up.
At 13:42 IST, the BSE SmallCap was up 192 or 0.34% at 56319.2.
The BSE 150 MidCap Index index was up 20.31 points or 0.13% at 16221.3.
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The Nifty 50 index was down 104.9 points or 0.43% at 24083.75.
The BSE Sensex index was down 407.52 points or 0.51% at 79536.19.
On BSE,2257 shares were trading in green, 1654 were trading in red and 133 were unchanged.
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First Published: Jan 03 2025 | 2:00 PM IST