INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Tech Mahindra (down 1.72 per cent), KPIT Technologies (down 0.99 per cent), Oracle Financial Services Software (down
0.91 per cent), Infosys (down 0.43 per cent) and Wipro (down 0.14 per cent) were trading in the negative territory in Friday's
session.
The Nifty IT index was trading 0.12 per cent down at 14,585 around 12:10 pm.
However, Mindtree (up 1.14 per cent), Infibeam Avenues
(up 0.81 per cent), Tata Elxsi (up 0.71 per cent), HCL Technologies (up 0.53 per cent) and Tata Consultancy Services (up 0.25 per cent) were
in the green around that time
Weak global cues hit market sentiment as lingering trade war worries made Asian stocks suffer, following a new round of US sanctions on
Russia.
Sustained selling in heavyweights, including ICICI Bank, Reliance Industries and State Bank of India weighed on equity
benchmarks.
The NSE Nifty50 index was down 36 points at 11,435, while the BSE Sensex was 106 points down at 37,919.
Among the 50 stocks in
the Nifty index, 19 were trading in the green, while 31 were in the red
Eicher Motors, YES Bank, Mahindra Mahindra, Titan Company and Bharti Airtel were among the top gainers in the Nifty index.
However, Sun
Pharmaceutical Industries, State Bank of India, Tata Motors, ICICI Bank and Coal India were among the top losers in the Nifty pack of
