NEW DELHI: IT shares were trading in the negative zone in Friday's morning session.Shares of Oracle Financial Services Software (down 2.58 per cent), Tata Consultancy Services (down 0.61 per cent) and Infosys (down 0.52 per cent) were trading with losses.NIIT Technologies (down 0.51 per cent), MindTree (down 0.43 per cent)and HCL Technologies (down 0.08 per cent) too were trading in the red.The Nifty IT index was trading 0.36 per cent down at 16,258.50 around 10:09 am.
Benchmark NSE Nifty50 index was down 46.45 points at 11,785.30 while the BSE Sensex was down 182.02 points at 39,419.61.
Among the 50 stocks in the Nifty index, 16 were trading in the green, while 34 were in the red.
Shares of YES Bank, Vodafone Idea, Indiabulls Housing Finance, PNB, Tata Motors, SAIL, SBI, Bank of Baroda, JSPL and Ashok Leyland were among the most traded securities on the NSE.Bull or Bear Stay on top of the game with our LIVE MARKET BLOG