Nifty IT index slips ~1% led by HCL Tech, Infosys, Wipro

HCL Tech slipped 4%, Infosys dropped 3%, Just Dial slipped 2% on the IT index. TCS also dipped 1% on the IT index.

Mar 25, 2020 06:03 IST India Infoline News Service

Science and Technology
The Nifty IT index slipped nearly 1% at 11,772.45 levels as selling pressure was seen in HCL Tech, Infosys, Wipro, Just Dial and TCS.

HCL Tech slipped 4%, Infosys dropped 3%, and Just Dial slipped 2% on the IT index. TCS also dipped 1% on the IT index.

Shares of NIIT Tech surged 11%, Tata Elxsi also up 3%, Tech Mahindra, Hexaware and Mindtree were up in the reange of 1-2%, each.

Meanwhile, the Sensex is up 128 points at 26,867 and the Nifty up 44 points or 0.57% at 7,845.

Bafna Pharmaceuticals, Geekay Wires and Ruchi Soya Industries shares hit a 52-week high.

Overall, 31 shares were trading in green in Nifty50 index, while 19 were trading in red in the afternoon trade.

On Tuesday, PM Modi said the 21-day lockdown was necessary to break the chain of the COVID-19 virus, adding that social distancing is the only option to combat the virus outbreak.

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