Market Now: IT stocks volatile; Infosys among top losers

In the Nifty50 pack, 41 stocks were trading in the green, while 10 stocks were in red. NSEBSEInfosysLoading data…

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    ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESTech MahindraLoading data…

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      ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESSterlite Technologie…Loading data…

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          ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESRolta IndiaLoading data…

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              ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESIdea CellularLoading data…

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                ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESCigniti TechnologiesLoading data…

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                    ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESAllsec TechnologiesLoading data…

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                        ChartsValuation & Peer ComparisonCommunity BuzzPEER COMPANIESRolta IndiaOracle Financial Services SoftwareInfosysIdea CellularCigniti TechnologiesBharti AirtelAllsec Technologies3i InfotechEXPAND TO VIEW ALL NEW DELHI: In a volatile session on Monday, the BSE Information Technology index gave up early morning gains to trade flat, with shares of 63 Moons Technologies (down 3.92 per cent) cracking in afternoon trade.

                        MIC Electronics (down 1.58 per cent), Smartlink Network Systems (down 1.55 per cent), Oracle Financial Services Software (down 1.55 per cent), Allsec Technologies (down 1.25 per cent), Rolta India (down 1.10 per cent) and Infosys (down 0.53 per cent) were other losers from the index.

                        The BSE Information Technology was trading almost flat, 1 points down at 9,916 around 12 pm (IST), while Nifty50 was 74 points up at 10,008 and Sensex was trading 217 points up at 31,904 around the same time.

                        Shares of 3i Infotech (up 8.38 per cent), Cigniti Technologies (up 5 per cent), AXISCADES Engineering Technologies (up 3.88 per cent) and Tech Mahindra (up 2.10 per cent) were trading in green in the BSE IT index.

                        BSE Telecom index too slipped as poor performance by stocks such as Sterlite Technologies (down 1.52 per cent), Idea Cellular (down 0.63 per cent), Bharti Infratel (down 0.49 per cent) and Bharti Airtel (down 0.46 per cent) weighed on the index.

                        The overall market remained in the positive territory.

                        In the Nifty50 pack, 41 stocks were trading in the green, while 10 stocks were in red.

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