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IT Stock Falls, Nifty IT index slip over 1pc


Shares in IT companies were moving in the bearish zone during the mid-market session, as part of high volatility in the markets, on Monday, 2nd December. Also, Banking, Auto Realty Stocks have added volatility during the session.

The Nifty IT index was trading lower by 1.14% at 14,827.60 at around 1.30-pm 

Shares of Justdial registered a dip by 3.6%, TechMahidnra lost 2.83%, Tata Elxsi down by 2.3 % , as major falling components in the IT index. Take the best stock trading Tips from the experts.

Further, TCS, Hexaware, Infosys, NIIT Technologies, Wipro and HCL Tech have also indicated their respective minimum level declines up to more or less 1-percent.

In the 50-scrip of the Nifty, there are 18 stocks witness buying pressure, while the remaining 32 stocks see selling pressure.

At 1.35-pm, benchmark Sensex lowered at 407781.44l, down by 12.37 points and the NSE Nifty scaled down by 13 points at 12043-mark. Subscribe for top stocks and top Advisory tips.