NEW DELHI: The Nifty IT index was trading 0.28 per cent down at 16,074 around 01:15 pm on Tuesday.Shares of Tech Mahindra (down 1.58 per cent), KPIT Technologies (down 1.24 per cent), Tata Elxsi (down 1.08 per cent) and Oracle Financial Services Software (OFSS) (down 1.06 per cent) were the top losers in the IT index.
Shares of Infosys (down 0.81 per cent) and Infibeam Avenues (down 0.65 per cent) too were in the red.
However, shares of HCL Technologies (up 0.89 per cent) and Wipro (up 0.33 per cent) were in the green, while those of Tata Consultancy Services (up 0.04 per cent) and Mindtree (up 0.01 per cent) were flat around that time.
Domestic equity market was subdued amid weak Asian cues.Benchmark NSE Nifty50 index was down 8 points at 11,370, while the BSE Sensex was 14 points down at 37,572.
Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red.
Hindustan Unilever, YES Bank, Titan Company, Dr.
Reddy's Laboratories and Adani Ports were among the top gainers in the Nifty index.State Bank of India, Hindalco Industries, Coal India, Tech Mahindra and Indian Oil Corporation were among the top losers in the Nifty pack of stocks.