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The BSE IT Index Down 2% ; L&T INFOTECH LTD Among Top Losers
Wed, 21 Nov 09:41 AM

The BSE IT Index has plunged 2% to 13,867.

Among the top losers in the BSE IT Index today are L&T INFOTECH LTD (down 4.6%), L&T TECHONOLOGY SERVICES (down 2.6%) and ALLSEC TEC (down 2.5%). Other losers include TECH MAHINDRA (down 2.4%) and TRIGYN TECHNOLOGIES (down 2.4%).

8K MILES SOFT (up 5.0%) and NEWGEN SOFTWARE TECHNOLOGIES (up 4.2%) are among the top gainers today.

In the meantime, the NIFTY IT has plunged 2.2% to 14,245.

The top losers in the NIFTY IT include GEMINI COMM. (down 14.3%), QUINTEGRA SOLUTIONS (down 10.0%) and IOL NETCOM (down 8.2%). Other losers include LCC INFOTECH (down 7.1%) and ORIENT INFO. (down 6.2%).

Over the last one year, the BSE IT Index has moved up from 10,688 to 13,867, registering a gain of Rs 3,179 (up 29.7%).

The top losers among the BSE IT during this same period were 8K MILES SOFT (down 83.5%), ROLTA INDIA (down 74.1%) and INFIBEAM AVENUES (down 73.3%).

What about the Benchmark Indices?

Meanwhile, the BSE Sensex has plunged 0.4% to 35,494.

Among the top gainers in the BSE Sensex today are ASIAN PAINTS (up 2.1%), YES BANK (up 1.8%) and ONGC (up 1.4%). Other gainers include BHARTI AIRTEL (up 1.4%) and SUN PHARMA (up 1.0%).

The most traded stocks in the BSE Sensex are YES BANK and TATA MOTORS.

In the meantime, the NSE Nifty is at 10,671 (down 0.3%).



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