Quick Wrap: Nifty IT Index falls 2.71%, NIFTY Tumbles 1.06%

Nifty IT index ended down 2.71% at 39446.6 today. The index has slipped 9.00% over last one month. Among the constituents, LTIMindtree Ltd shed 4.74%, L&T Technology Services Ltd slipped 4.64% and Wipro Ltd dropped 3.69%. The Nifty IT index has soared 4.00% over last one year compared to the 1.53% increase in benchmark Nifty 50 index. In other indices, Nifty Metal index has dropped 2.17% and Nifty Commodities index is down 1.59% on the day. In broad markets, the Nifty 50 is down 1.06% to close at 22553.35 while the SENSEX has dropped 1.14% to close at 74454.41 today.

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