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Market has been consolidating for a while, however all dips are being bought eventually. Foreign institutional investors have continued to pour money into India, providing massive support to market rally.
NEW DELHI: Nifty IT index was trading with losses at 02:06PM (IST) on Wednesday. While Info Edge (India) (down 3.87 per cent), Coforge (down 1.82 per cent), Larsen & Toubro Infotech (down 1.65 per cent), Wipro (down 1.41 per cent) and Tata Consultancy (down 1.06 per cent) were the top losers in the index. The Nifty IT index was trading 1.18 per cent down at 25311.4 around 02:06PM. Benchmark NSE Nifty50 index was down 97.95 points at 15215.5, while the BSE Sensex was down 371.4 points at 51732.77. Among the 50 stocks in the Nifty index, 14 were trading in the green, while 36 were in the red. Shares of PNB, Vodafone Idea, Central Bank of India,