Information Technology stocks edge lower

Information Technology stocks were trading in red, with the BSE Information Technology index decreasing 907.06 points or 2.16% at 41171.79 at 13:42 IST.
Among the components of the BSE Information Technology index, Newgen Software Technologies Ltd (down 13.54%), AXISCADES Technologies Ltd (down 4.75%),Tata Consultancy Services Ltd (down 3.11%),Mphasis Ltd (down 2.83%),Infosys Ltd (down 2.64%), were the top losers. Among the other losers were LTIMindtree Ltd (down 2.59%), Cigniti Technologies Ltd (down 2.48%), Wipro Ltd (down 2.42%), Tanla Platforms Ltd (down 2.09%), and Tata Technologies Ltd (down 1.89%).
On the other hand, Expleo Solutions Ltd (up 6.73%), Zaggle Prepaid Ocean Services Ltd (up 4.23%), and Black Box Ltd (up 3.49%) turned up.
At 13:42 IST, the BSE SmallCap was down 173.84 or 0.33% at 52208.14.
The BSE 150 MidCap Index index was down 1.94 points or 0.01% at 15244.12.
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The Nifty 50 index was down 34.1 points or 0.14% at 23498.6.
The BSE Sensex index was down 202.72 points or 0.26% at 77377.59.
On BSE,1701 shares were trading in green, 2312 were trading in red and 162 were unchanged.
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First Published: Nov 18 2024 | 2:00 PM IST
