Tech Mahindra Share price: Share market update: IT shares under pressure; Tech Mahindra falls nearly 3%

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NEW DELHI: IT shares have been buying and selling under stress with the Nifty IT index down 1.68 per cent at 13,603.7 on Monday.

Shares of Tech Mahindra (down 2.58 per cent), Infibeam Avenues (down 2.45 per cent), Infosys (down 2.34 per cent) and Tata Elxsi (down 2.09 per cent), have been the highest losers within the IT index on NSE.

HCL Technologies (down 1.30 per cent), NIIT Technologies (down 1.30 per cent) and Oracle Financial Services Software (down 1.21 per cent) too, have been incurring losses.

Benchmark NSE Nifty50 index was down 15 factors at 10,511.75 whereas BSE Sensex was 10.49 factors at 34970.53.

Among the 50 shares within the Nifty index, 20 have been buying and selling within the inexperienced, whereas 30 have been within the purple.

Shares of YES Bank, Idea cellular, Indian Oil Corp, Infosys, Vedanta, Ashok Leyland, Bank of Baroda, ICICI Bank, SBI and HPCL have been among the many most traded shares on the National Stock Exchange.

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