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NEW DELHI: Nifty IT stocks were trading on a negative note at 02:30PM (IST) on Tuesday. While HCL Technologies (down 3.25 per cent), Larsen & Toubro Infotech (down 2.28 per cent), Mindtree (down 1.82 per cent), Tech Mahindra (down 1.71 per cent) and Coforge (down 1.66 per cent) were the top losers in the index. The Nifty IT index was trading 1.27 per cent down at 25903.7 around 02:30PM. Benchmark NSE Nifty50 index was down 60.70 points at 14298.75, while the BSE Sensex was down 216.44 points at 47732.98. Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red. Shares of PNB, Vodafone Idea, YES Bank, Tata Motors and SBI were among the most traded shares on the NSE.
In Sweden, LTI ranked #1 on customer satisfaction parameter.
The industry-wide accolade reflects LTI s strong results across multiple KPIs, including Account Management Quality where LTI ranked the best, Business Understanding where LTI is among Top 3, and Cloud capabilities, where the company is among Top 5 performers in the region.
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Key equity indices continued to trade with significant losses in morning trade. Selling was broad based with banks, financials, realty shares declining the most. A spike in domestic coronavirus cases and localized lockdown being announced by various state governments dented investors sentiment.
At 10:24 IST, the barometer index, the S&P BSE Sensex, was down 1201.29 points or 2.46% to 47,630.74. The Nifty 50 index lost 352.90 points or 2.41% to 14,264.95.
In the broader market, the S&P BSE Mid-Cap index fell 2.44% while the S&P BSE Small-Cap index slipped 2.04%.
The market breadth was weak. On the BSE, 486 shares rose and 2051 shares fell. A total of 138 shares were unchanged.
26-07-2018
Insurity, a provider of cloud-based software for insurance carriers, brokers and MGAs, is partnering with Larsen & Toubro Infotech (LTI), which will serve as system integrator for its new Data Warehousing and Analytics Suite (DWA).
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