Information Technology stocks were trading in the negative zone, with the S&P BSE IT Sector index falling 144.28 points or 0.54% at 26641.41 at 13:49 IST. Among the components of the S&P BSE IT Sector index, HCL Technologies Ltd (down 2.89%), L&T Technology Services Ltd (down 2.81%),TVS Electronics Ltd (down 1.81%),HCL Infosystems Ltd (down 1.71%),Larsen & Toubro Infotech Ltd (down 1.56%), were the top losers. Among the other losers were Persistent Systems Ltd (down 1.53%), Mindtree Ltd (down 1.48%), Tech Mahindra Ltd (down 1.38%), Coforge Ltd (down 1.25%), and Tata Elxsi Ltd (down 0.62%). On the other hand, Subex Ltd (up 13.9%), 63 Moons Technologies Ltd (up 5.37%), and Aptech Ltd (up 5.36%) moved up.
Larsen & Toubro Infotech Ltd is quoting at Rs 4440, up 2.63% on the day as on 12:49 IST on the NSE. The stock is up 217.31% in last one year as compared to a 65.22% spurt in NIFTY and a 116.84% spurt in the Nifty IT index.
Larsen & Toubro Infotech Ltd is up for a third straight session in a row. The stock is quoting at Rs 4440, up 2.63% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.09% on the day, quoting at 14859.9. The Sensex is at 49727.55, down 0.04%. Larsen & Toubro Infotech Ltd has risen around 7.53% in last one month.
Meanwhile, Nifty IT index of which Larsen & Toubro Infotech Ltd is a constituent, has risen around 5.07% in last one month and is currently quoting at 27148.4, up 0.66% on the day. The volume in the stock stood at 2.36 lakh shares today, compared to the daily average of 3.22 lakh shares in last one month.
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Read more about Information Technology stocks gain on Business Standard. Information Technology stocks were trading in green, with the S&P BSE IT Sector index increasing 379.3 points or 1.46% at 26276.29 at 09:48 IST.