Share market update: IT shares fall; MindTree down nearly 2%

NEW DELHI: The Nifty IT index was trading 0.38 per cent down at 14,683.25 on Thursday with most of its components trading in the red.

Shares of MindTree (down 1.67 per cent), Tata Consultancy Services (down 1.27 per cent), Tata Elxsi (down 0.93 per cent) and Tech Mahindra (down 0.88 per cent) were the top losers in the index.

HCL Technologies (down 0.53 per cent), Wipro (down 0.15 per cent) and NIIT Technologies (down 0.09 per cent) too were trading in the red.

Benchmark NSE Nifty50 index was up 56.50 points at 10,794.1 while BSE Sensex was up 197.01 points at 35,976.08.

Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red.

Shares of YES Bank, Sun Pharma, ICICI Bank, SBI, Vodafone Idea, Indian Oil Corp, Ashok Leyland, Bank of Baroda and Tata Motors were among the most traded shares on the NSE.