IT stocks: Nifty IT index slips over 2% on fears of slowing US economy

Among sectoral indices on the NSE, the Nifty IT index was the top laggard on Monday, falling more than 2 per cent in early trades during the session.

At 9:57 AM, the Nifty IT index was trading lower by 2.30 per cent, at 39,612. It touched an intra-day low of 39,465.75 during the session so far.