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The BSE IT Index Down 3% ; L&T INFOTECH LTD Among Top Losers
Wed, 21 Nov 10:03 AM

The BSE IT Index has plunged 3% to 13,867.

Among the top losers in the BSE IT Index today are L&T INFOTECH LTD (down 5.3%), SONATA SOFTWARE (down 4.2%) and INFOSYS LTD (down 3.8%). Other losers include KPIT TECHNOLOGIES (down 3.6%) and TCS (down 3.1%).

8K MILES SOFT (up 5.0%) and AXISCADES ENG. (up 4.3%) are among the top gainers today.

In the meantime, the NIFTY IT has plunged 3.0% 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 74.2%) and INFIBEAM AVENUES (down 73.5%).

What about the Benchmark Indices?

Meanwhile, the BSE Sensex has plunged 0.6% to 35,494.

Among the top gainers in the BSE Sensex today are YES BANK (up 2.9%), ASIAN PAINTS (up 1.7%) and ONGC (up 1.4%). Other gainers include BHARTI AIRTEL (up 1.3%) and ADANI PORTS & SEZ (up 0.8%).

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 0.5%).



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