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The BSE IT Index Down 3% ; GENESYS INTL. Among Top Losers | Equitymaster

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The BSE IT Index Down 3% ; GENESYS INTL. Among Top Losers
Fri, 5 Jul 02:28 PM

The BSE IT Index has plunged 3% to 15,700.

Among the top losers in the BSE IT Index today are GENESYS INTL. (down 7.7%), 8K MILES SOFT (down 5.0%) and TCS (down 3.8%). Other losers include ECLERX SERVICES (down 3.8%) and ROLTA INDIA (down 3.2%).

CEREBRA INTE (up 2.8%) and ORACLE FINANCIAL (up 2.8%) are among the top gainers today.

In the meantime, the NIFTY IT has plunged 2.3% to 15,979.

The top losers in the NIFTY IT include VISESH INFOTECHNICS (down 50.0%), GEMINI COMM. (down 14.3%) and GREEN FIRE AGRI (down 14.3%). Other losers include GENESYS INTL. (down 9.3%) and IOL NETCOM (down 8.2%).

Over the last one year, the BSE IT Index has moved up from 14,108 to 15,700, registering a gain of Rs 1,592 (up 11.3%).

The top losers among the BSE IT during this same period were ROLTA INDIA (down 83.5%), 8K MILES SOFT (down 75.6%) and INFIBEAM AVENUES (down 70.9%).

What about the Benchmark Indices?

Meanwhile, the BSE Sensex has plunged 0.7% to 40,032.

Among the top gainers in the BSE Sensex today are INDUSIND BANK (up 2.4%), BHARTI AIRTEL (up 1.2%) and KOTAK MAHINDRA BANK (up 1.1%). Other gainers include ITC (up 0.9%) and SBI (up 0.9%).

The most traded stocks in the BSE Sensex are ITC and SBI.

In the meantime, the NSE Nifty is at 11,982 (down 0.8%).

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