Mumbai : News Network
The stock market today saw a lot of pressure due to shares of IT and Telecom companies. The index fell by 2.28 percent. Except for Tata Communications, all the shares included in this index are in the Red Zone. Wipro is among the top losers in the Nifty, falling by 5 percent to Rs 263.15. Shares of Infosys fell by 4.78 percent and shares of HCL Tech fell by 3.63 percent. On the other hand, TCS fell by 2.23 percent.
The Nifty IT index is showing a big decline. It fell by more than 3 percent. All the 10 shares included in it are in the red zone. Tech Mahindra fell by 2.29 percent. LTIM fell by more than 3 percent.
Oracle fell by 2.49 percent. Similarly, shares of Coforge fell by 2.14 percent. Shares of companies like Scient, Tata Alexi, Besoft, Tejas Network and TATA Tech are in the red zone. On the other hand, Idea fell by 3.81 percent and IndusTower by 3.22 percent. Persistence fell by 2.83 percent. LTTS saw a decline of 2.81 percent. Mphasis is showing a decline of 2.77 percent. KPIT Tech also fell by about 2.5 percent.
