Stock market update: IT shares mixed; Mindtree down over 1%

IT-gettyNEW DELHI: Most IT shares were trading on a mixed note in Monday’s morning session.

Shares of Oracle Financial Services SoftwareNSE 0.55 %(up 0.82 per cent), Tata Consultancy Services (up 0.65 per cent), Infosys (up 0.57 per cent) and Tech Mahindra (up 0.04 per cent) were trading in the green.

Mindtree (down 1.48 per cent), Tata ElxsiNSE -2.23 %(down 1.14 per cent), Infibeam Avenues (down 0.96 per cent) and HCL Technologies (down 0.95 per cent) were trading with losses.

The Nifty IT index was trading 0.13 per cent up at 15,403.30 around 10:20 am.

Benchmark NSE Nifty50 index was down 52.90 points at 11,366.35 while the BSE Sensex was down 212.74 points at 38,124.27.

Among the 50 stocks in the Nifty index, 28 were trading in the green, while 22 were in the red.

Shares of YES Bank, Vodafone Idea, Dish TV India, Indian Oil Corp, L&T Fin Holding, Ashok Leyland, Tata Motors, Vedanta, IDFC First Bank and BEL were among the most traded shares on the NSE.