What happened to the Nifty IT index on Monday?

The Nifty IT index traded negative around 11:02 AM IST on Monday in a weak market.

Which IT companies were the top gainers on the Nifty IT index?

MphasiS Ltd., Coforge Ltd., and Oracle Financial Services Software Ltd. were among the top gainers on the Nifty IT index.

Which IT companies were the top losers on the Nifty IT index?

Wipro Ltd., Tata Consultancy Services Ltd., Infosys Ltd., and HCL Technologies Ltd. were the top losers on the Nifty IT index.

Home / Business and Economy / Nifty IT Index Dips Amid Mixed Fortunes for Tech Giants

Nifty IT Index Dips Amid Mixed Fortunes for Tech Giants

28 Jul

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Summary

MphasiS, Coforge, Oracle Financial Services among top gainers
Wipro, TCS, Infosys, HCL Tech among top losers on Nifty IT index
Benchmark Nifty50 index down 0.05 points, Sensex down 38.59 points

On Monday, the Nifty IT index traded in negative territory around 11:02 AM IST, reflecting a mixed performance from major technology companies. Among the top gainers were MphasiS Ltd., Coforge Ltd., and Oracle Financial Services Software Ltd., which saw increases of 3.38%, 1.77%, and 1.19%, respectively. However, the index was weighed down by losses in Wipro Ltd. (down 2.82%), Tata Consultancy Services Ltd. (down 0.88%), Infosys Ltd. (down 0.59%), and HCL Technologies Ltd. (down 0.58%).

The overall market sentiment was also subdued, with the benchmark NSE Nifty50 index down 0.05 points at 24,836.95 and the BSE Sensex down 38.59 points at 81,424.5. Of the 50 stocks in the Nifty index, 28 were trading in the green, while 22 were in the red.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.