Stock Market Update: Nifty IT Index Closes on a Negative Note
The Nifty IT index ended the day 0.73% down at 30635.85, with HCL Technologies Ltd. as the top gainer and MphasiS Ltd., Infosys Ltd., Coforge Ltd., Tech Mahindra Ltd., and L&T Technology Services Ltd. as the top losers. The benchmark NSE Nifty50 index closed down 82.0 points at 19443.55, while the BSE Sensex stood down 325.58 points at 64933.87.
Among the 50 stocks in the Nifty index, 16 ended in the green, while 34 closed in the red. Shares of YES Bank, Reliance Power, JP Power, Vodafone Idea, and Infibeam Avenues were among the most traded shares on the NSE.
Shares of Crest Ventures, Everest Kanto, SMC Global Secur, Wockhardt, and Thejo Engg hit their fresh 52-week highs in today’s trade, while Compuage Infocom, Penta Gold, Amines Plastic, SS Infrastructure, and Fourth Dimension Sol hit their fresh 52-week lows.
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Hot Take: Navigating the Volatile Stock Market
With constant fluctuations in stock prices and indices like Nifty IT closing on a negative note today, it’s essential to stay informed about market trends and make well-informed decisions when it comes to trading or investing in stocks. Keeping an eye on top gainers and losers can help you navigate through the volatility of the stock market more effectively.
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