Shares in technology companies were slightly lower in midsession trade on profit-taking following three days of solid gains, dealers said.

Shares in technology companies traded lower midsession, as investors continued to take their cue from the recent slew of negative news hitting the sector and as buyers widely continued to remain elusive, dealers said.

Technology shares were lower midsession, with the Nasdaq composite hovering near its lows for the day amid worries about the upcoming earnings season, with fears of ongoing tensions in the Middle East continuing to weigh on sentiment, dealers said.