News for Mphasis Limited (MPHASIS.BO)

The Nifty IT index closed 0.65 per cent down at 37400.1.

Uncertainty over US trade policy prompted investors to press 'sell' button on domestic market today amid fears that reciprocal tariffs on Indian exports starting April, could impact multiple sectors.

The Nifty IT index closed 0.47 per cent down at 37644.4.

IT stocks crash: Nifty IT index slipped 3.78% and BSE IT index lost 11.50% in the last 1.5 months, signaling gloomy sentiment over the fate of IT investors.

The Nifty IT index was trading 0.29 per cent up at 37931.6.

The Nifty IT index closed 0.85 per cent down at 37820.45.

The Nifty IT index was trading 0.8 per cent down at 37838.25.

The Nifty IT index closed 0.19 per cent up at 38145.3.

The Nifty IT index was trading 0.63 per cent down at 37377.45.

The Nifty IT index closed 0.79 per cent up at 37614.45.

The Nifty IT index was trading 0.25 per cent up at 37410.4.

Foreign Institutional Investors (FIIs) have been aggressively selling Indian equities, withdrawing ₹34,574 crore in February. On Friday alone, they offloaded ₹11,639 crore, marking the worst single-day sell-off of the month.

Amid the ongoing correction, the Nifty IT index is down 19.28% from its record high reached in mid December last year.

Mphasis was top loser on the Nifty IT index today. Other losers from the IT pack were Coforge (1.90%), LTI Mindtree (1.70%) and L&T Technology Services dropping 1.74%, respectively.

The Nifty IT index closed 0.47 per cent down at 38946.65.

The Nifty IT index closed 0.8 per cent down at 39131.3.

The Nifty IT index was trading 0.42 per cent down at 39281.2.

The Nifty IT index closed 0.79 per cent down at 40544.55.

The Nifty IT index was trading 0.3 per cent down at 40743.0.