Shares of information technology (IT) companies were trading in the negative territory on Thursday, a day after Wipro posted muted growth in its revenue and profit numbers for the fourth quarter of the last financial year, as the ongoing Covid-19 crisis created disruption in both the operation and demand fronts. Even growth in top line remained weak for the entire FY20.
At 09:37 am, the Nifty IT index was trading 2.57 per cent lower at 12,375.70 levels with 9 out of 10 constituents trading in the red. While Wipro was trading 0.72 per cent lower at Rs 185.20 apiece, other