Stock market today, Sept. 18 -- Despite the Indian stock market trading in the green in the early morning session on Friday, IT stocks remained in the bears' grip. Indian IT major, TCS share price today opened with a downside gap at Rs.2,177.20 per share on the NSE and touched an intraday low of Rs.2,115.40 apiece, logging over 3% intraday loss. Similarly, HCL Tech share price lost around 2%, Tata Elxsi shares corrected by more than 2%, Route Mobile shares fell around 2.50%, and Tech Mahindra share price declined by around 2%.

According to stock market experts, the Bank of Japan's interest rate hike is the primary reason for IT stocks deviating from the Indian stock market's mood. They said that Bank of Japan news on rate hike is expecte...