Quick Wrap: Nifty IT Index declines 1.78%

Nifty IT index ended down 1.78% at 37693.25 today. The index is down 3.00% over last one month. Among the constituents, Tata Consultancy Services Ltd slipped 3.43%, Wipro Ltd shed 2.55% and LTIMindtree Ltd dropped 2.14%. The Nifty IT index is up 1.00% over last one year compared to the 3.43% surge in benchmark Nifty 50 index. In other indices, Nifty Auto index is down 1.77% and Nifty Media index is down 1.60% on the day. In broad markets, the Nifty 50 is down 0.81% to close at 25149.85 while the SENSEX is down 0.83% to close at 82500.47 today.

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