Oracle Financial Services Software Limited sank over 3% while Mphasis was 2.5% down. Larsen & Turbo Infotech was also under pressure.
The sector along with FMCG stocks continued to buck the market trend like Wednesday.
At around 2.10 PM, Nifty IT was trading at 28,486.80 up 37.95 points or 0.13%, touching a high of 28,563.60 and low of 28,343.05 during intraday trade on Thursday.
Meanwhile, BSE Sensex was trading at 52,259.59 down 242.39 points or 0.46% and Nifty50 at 15,683.05 down 84.50 points or 0.54%.
Tech Mahindra surged over 0.6% while TCS and Infosys advanced 0.5% each. HCL Tech and Wipro were also trading marginally higher.
On the flip side, Oracle declined over 3% at Rs3,586.55 per piece, while Mphasis shed over 2.5% at Rs,047.45 per piece. LTI was down over 1%. Coforge and Mindtree were also trading lower.