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(As on Apr 17, 2025, 10:45)

Markets trade lower dragged down by IT stocks

Benchmark equity indices Sensex and Nifty declined on Thursday dragged down by IT stocks after Wipro warned of a weak quarter ahead amid global uncertainties.



At 10:40 hours, the 30-share benchmark index was trading at 77006.9 down by -37.39 points or by -0.05 % and then NSE Nifty was at 23408.25 down by -28.95 points or by -0.12 %.



Sensex touched intraday high of 77099.1 and intraday low of 76665.77 The NSE Nifty touched intraday high of 23434.6 and intraday low of 23298.55



The top gainers of the BSE Sensex pack were ICICI Bank Ltd. (Rs. 1376.00,+1.42%), Sun Pharmaceutical Industries Ltd. (Rs. 1710.00,+1.03%), Bharti Airtel Ltd. (Rs. 1839.00,+0.88%), Eternal Ltd. (Rs. 223.80,+0.79%), NTPC Ltd. (Rs. 361.40,+0.58%), among others.



The top losers of the BSE Sensex pack were HCL Technologies Ltd. (Rs. 1389.75,-2.96%), Mahindra & Mahindra Ltd. (Rs. 1283.20,-1.97%), Infosys Ltd. (Rs. 1387.00,-1.84%), Tata Steel Ltd. (Rs. 134.90,-1.50%), Larsen & Toubro Ltd. (Rs. 3184.00,-1.37%), among others.



Power index was at 6693.14 up by 35.62 points or by 0.54%. ABB India Ltd. (Rs. 5548.30,+3.15%), Adani Green Energy Ltd. (Rs. 968.45,+2.42%), Adani Power Ltd. (Rs. 557.80,+2.27%), CG Power and Industrial Solutions Ltd. (Rs. 605.80,+1.19%), JSW Energy Ltd. (Rs. 513.10,+0.70%),.



IT index was at 32251.95 down by -615.04 points or by -1.87%. Sonata Software Ltd. (Rs. 311.65,-7.04%), Wipro Ltd. (Rs. 234.20,-5.37%), LTIMindtree Ltd. (Rs. 4129.00,-3.41%), HCL Technologies Ltd. (Rs. 1390.50,-2.91%), 63 Moons Technologies Ltd. (Rs. 725.55,-2.18%),.



The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3784 , shares advanced were 2108 while 1470 shares declined and 206 were unchanged.

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