The Nifty IT Index Closes on a Negative Note
The Nifty IT index closed in the negative territory on Thursday. Shares of Wipro Ltd. and MphasiS Ltd. were the top gainers, while Persistent Systems Ltd., LTIMindtree Ltd., L&T Technology Services Ltd., Tata Consultancy Services Ltd., and Infosys Ltd. were the top losers. The Nifty IT index ended down at 32370.65.
Market Performance
The benchmark NSE Nifty50 index ended down 9.85 points at 19802.0, while the BSE Sensex stood down 5.43 points at 66017.81. Among the 50 stocks in the Nifty index, 23 closed in the green, while 25 closed in the red.
Most Traded and Fresh 52-Week Highs/Lows
Shares of YES Bank, Vodafone Idea, JP Power, Reliance Power, and Suzlon Energy were among the most traded shares on the NSE. On the other hand, Honasa Consumer, 3i Infotech, Syncom Form, Avadh Sugar Energy, and Intense Tech hit their fresh 52-week highs. Conversely, Shaily Engg Pla, Bohra Industries, Lords Chloro, SEL Manufact, and Fourth Dimension Sol hit their fresh 52-week lows.
Hot Take: Mixed Performance for Nifty IT Index
The Nifty IT index closed in negative territory today with some stocks gaining while others faced losses. This mixed performance reflects the overall market trend where some stocks ended in the green while others closed in the red. Investors should closely monitor these developments and consider their investment strategies accordingly.
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