INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Most IT stocks were incurring losses in Wednesday's session after a smart recovery in the Indian rupee against the US dollar
The rupee opened 41 paise higher today.
The Nifty IT index was trading 0.87 per cent down at 13,893.45 around 09:48 am on Wednesday
Shares of Tech Mahindra (down 2.95 per cent), Wipro (down 2.01 per cent), NIIT Technologies (down 1.49 per cent) and Tata Consultancy
Services (down 1.36 per cent),were the top losers in the IT pack
MindTree (down 1.09 per cent) and Tata Elxsi (down 0.81 per cent) too, appeared among top laggards
Benchmark NSE Nifty50 index was up 78.85 points at 10,225.65 while BSE Sensex was up 276.67 points at 34,123.90 at that time.
Among the 50
stocks in the Nifty index, 35 were trading in the green, while 15 were in the red
Shares of SBI, ICICI Bank, YES Bank, Ambuja Cements, BPCL, Indian Oil Corp, HPCL, Adani Ports SEZ and LT Finance Holding were among the
most traded shares on the National Stock Exchange.
