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Information Technology stocks were trading in the negative zone, with the S&P BSE IT Sector index falling 145.04 points or 0.5% at 28785.55 at 13:45 IST.

On the sectoral front except IT and FMCG sectors under selling pressure, all other indices are trading in the green to drive the market sentiments.

Under ESOP

Inox Leisure Ltd is quoting at Rs 504.05, down 0.17% on the day as on 13:19 IST on the NSE. The stock is up for a third straight session in a row in last one year as compared to a 0.93% up 0.06%. in NIFTY and a 7.64% up 91.63% in the Nifty IT index.

FMCG stocks were trading with losses, with the S&P BSE FMCG Sector index decreasing 15.66 points or 0.1% at 15963.66 at 13:45 IST.

Kaveri Seed Company jumped 6.09% to Rs 484.80 after the companys board approved a proposal to buy back up to 17.95 lakh shares of the company at a price not exceeding Rs 700 per share.