Comments
The Nifty IT index led losses as it fell nearly 2% as the rupee firmed 0.05% against the US dollar. It currently trades at 1.90 per cent lower at 15,002.75 at 11.25 am.
IT heavyweight Infosys dropped nearly 3%, while shares of India's second-most valuable company Tata Consultancy Services shed 1.75%.
Tech Mahindra (down 2.38 per cent), HCL Technologies (down 2.05 per cent), Hexaware (down 1.83 per cent), Tata Elxsi (down 1.28 per cent) and Mindtree (down 1.24 per cent) too were trading lower.
The benchmark NSE Nifty50 index was down 48 points at 11,920.40 while the BSE Sensex was down 162.01 points at 40,413.16.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.