Meanwhile, the S&P BSE Sensex was down 456.09 points or 1.23% at 36,662.18.

The S&P BSE IT was up 98.57 points or 0.63% at 15,630.03

TCS (up 1.94%), MphasiS (up 1.54%), Tech Mahindra (up 1.17%), MindTree (up 0.09%), Infosys (up 0.1%) and HCL Technologies (up 0.01%) advanced.

Hexaware Technologies (down 1.47%), Wipro (down 0.7%) and Oracle Financial Services Software (down 0.63%) declined.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 70.50, compared with its close of 69.60 during the previous trading session.

A weak rupee boosts revenues of IT firms in rupee terms as the sector derives a lion's share of revenue from exports.


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Majority of the intraday traders are trading in stock future with decent capital as the profit is more. stock future tips are not as like cash calls which need to put number of shares to buy, all are said in lot basis which differed from each company.

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