IT shares on May 14; MindTree Limited plunged almost 6%

IT shares on May 14; MindTree Limited plunged almost 6% IT shares on May 14: On Thursday, both Sensex and Nifty reported a bearish trend in the stock market on Thursday after the bullish reports in the last session. The Sensex is trading below 31,200 levels, and Nifty is trading... The post IT shares on May 14; MindTree Limited plunged almost 6% appeared first on stockinvestor.in.

IT shares on May 14; MindTree Limited plunged almost 6%

IT shares on May 14; MindTree Limited plunged almost 6%

IT shares on May 14: On Thursday, both Sensex and Nifty reported a bearish trend in the stock market on Thursday after the bullish reports in the last session. The Sensex is trading below 31,200 levels, and Nifty is trading below 9,200 levels in the stock market Sensex lost 885.72 points with a 2.77% decrease and reached a 31,122.89 level. While Nifty lost 240.80 points with a 2.57% decrease and reached 9,142.75 level.

On the other side, the number of coronavirus cases in India reached 78,003 as of Thursday, May 14, and deaths reached 2,549.

Besides, the Nifty IT index on Thursday reported a bearish trend in the stock market. It lost 483.20 points with a 3.51% decrease and reached a 13,293.75 level. The list IT shares on May 14 reported a bearish trend in the stock market is as follows:

NIIT Technologies Limited: The company closed its bearish trend in the stock market on Thursday. The company lost 71.25 points with a 5.02% decrease and reached 1,348.00 INR. While in BSE, the company lost 70.00 points with a 4.93% decrease and reached 1,348.80 INR.

MindTree Limited: The company closed its bearish trend in the stock market on Thursday. The company lost 53.55 points with a 6.05% decrease and reached 832.10 INR. While in BSE, the company lost 49.35 points with a 5.58% decrease and reached 835.80 INR.

HCL Technologies Limited: The company closed its bearish trend in the stock market on Thursday. The company lost 13.75 points with a 2.60% decrease and reached 515.00 INR. While in BSE, the company lost 11.60 points with a 2.20% decrease and reached 516.75 INR.

Infosys Limited: The company closed its bearish trend in the stock market on Thursday. The company lost 35.95 points with a 5.18% decrease and reached 658.20 INR. While in BSE, the company lost 35.80 points with a 5.16% decrease and reached 658.10 INR.

Tech Mahindra Limited: The company closed its bearish trend in the stock market on Thursday. The company lost 29.00 points with a 5.32% decrease and reached 515.75 INR. While in BSE, the company lost 28.55 points with a 5.24% decrease and reached 515.85 INR.

Tata Elxsi Limited: The company closed its bearish trend in the stock market on Thursday. The company lost 12.15 points with a 1.55% decrease and reached 771.50 INR. While in BSE, the company lost 12.95 points with a 1.65% decrease and reached 772.30 INR.

Wipro Limited: The company closed its bearish trend in the stock market on Thursday. The company lost 4.00 points with a 2.11% decrease and reached 185.70 INR. While in BSE, the company lost 3.65 points with a 1.92% decrease and reached 186.05 INR.

Tata Consultancy Services Limited: The company closed its bearish trend in the stock market on Thursday. However, the company lost 47.65 points with a 2.44% decrease and reached 1,902.00 INR. While in BSE, the company lost 48.65 points with a 2.50% decrease and reached 1,900.80 INR.

Hexaware Technologies Limited: The company closed its bearish trend in the stock market on Thursday. However, the company lost 7.10 points with a 2.69% decrease and reached 256.65 INR. While in BSE, the company lost 6.55 points with a 2.49% decrease and reached 257.00 INR.

The Top losers in the IT Sector on May 14 stock market are as follows:

Just Dial Limited: The company closed its bullish trend in the stock market on Thursday. However, the company gained 2.55 points with a 0.73% increase and reached 354.25 INR. While in BSE, the company gained 5.50 points with a 1.56% increase and reached 357.45 INR.

In the border market, the S&P BSE Smallcap index reported a bearish trend in the stock market on Thursday. It lost 67.95 points with a 0.63% decrease and reached a 10,706.48 level. The S&P BSE Midcap index lost 45.61points with a 0.39% decrease and reached an 11,536.11 level. While Nifty Bank lost 566.45 points with a 2.88% decrease and reached 19,068.50 level.

Top Gainers on May 14: Bharti Infratel, Zee Entertainment, Hero Motocorp, Ultratech Cement, and Maruti Suzuki are the top gainers in today’s stock market

Top Losers on May 14: Tech Mahindra, Infosys, Hindalco, HDFC, and IndusInd Bank are the top losers in today’s stock market. 

The post IT shares on May 14; MindTree Limited plunged almost 6% appeared first on stockinvestor.in.

Source : Stockinvestor More