The IT sector witnessed mixed movements during early trading hours, with some stocks gaining marginally while others faced notable declines. Here’s a quick roundup:

Top Gainers:

  1. LTTS (L&T Technology Services):
    • Price: ₹5,275.40
    • Change: +₹31.00 (+0.59%)
  2. Tata Tech:
    • Price: ₹810.45
    • Change: +₹3.95 (+0.49%)
  3. Tata Elxsi:
    • Price: ₹6,186.20
    • Change: +₹1.95 (+0.03%)

Top Losers:

  1. Infosys (INFY):
    • Price: ₹1,819.50
    • Change: -₹108.95 (-5.65%)
  2. LTIMindtree (LTIM):
    • Price: ₹5,785.85
    • Change: -₹192.95 (-3.23%)
  3. Coforge:
    • Price: ₹8,616.70
    • Change: -₹114.65 (-1.31%)
  4. TCS (Tata Consultancy Services):
    • Price: ₹4,144.40
    • Change: -₹61.90 (-1.47%)
  5. Wipro:
    • Price: ₹283.75
    • Change: -₹4.30 (-1.49%)

Other Key Stocks:

  • Persistent Systems: ₹6,048.35 (-0.38%)
  • KPIT Technologies: ₹1,313.05 (-0.52%)
  • Oracle Financial Services (OFSS): ₹10,115.80 (-0.73%)
  • Mphasis: ₹2,801.65 (-0.70%)
  • Tech Mahindra: ₹1,672.55 (-0.89%)
  • HCLTech: ₹1,771.50 (-1.16%)

Data as on 9:41 AM, 17 January, 2025

Market Sentiment:

The broader IT index reflected bearish sentiment, particularly due to Infosys’ Q3 results that failed to meet expectations. LTIMindtree and TCS further added to the negative momentum. However, selective gains in LTTS provided some respite.

Disclaimer:

This article is for informational purposes only and does not constitute financial advice. Investors are advised to consult their financial advisors before making any investment decisions.

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