By Pretish M J | October 19, 2023
India’s benchmark index, Nifty, fell for a second day, pulled by a drop in major IT stocks such as Wipro and Tech Mahindra. Nifty fell 0.24% and closed at 19624.70, while Sensex fell 0.38% and closed at 65629.24 . NSE Smallcap 100 index rose 0.06% outperforming NSE Midcap 100 Index which fell by 0.04%. This fall in IT sector is also seen attractive opportunity to buy for some investors. A leading analyst at Macquarie Capital Sec Pvt Ltd said, “The IT sector is bottoming out and the stocks are looking very attractive now, we are looking at buying”.
Top Gainers
Bajaj Auto Ltd- 6.72%
LTIMindtree Ltd- 5.87%
Nestle India Ltd- 3.74%
Top Losers
Wipro Ltd- 2.98%
Tech Mahindra- 1.52%
NTPC Ltd- 1.24%