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Stock market update: Nifty IT index advances 0.06% in an upbeat market



NEW DELHI: The Nifty IT index traded positive around 10:44AM(IST)on Wednesday in an upbeat market.

Coforge Ltd.(up 1.19 per cent), L&T Technology Services Ltd.(up 1.0 per cent), Tata Consultancy Services Ltd.(up 0.27 per cent), LTIMindtree Ltd.(up 0.2 per cent) and Tech Mahindra Ltd.(up 0.16 per cent) were among the top gainers.

MphasiS Ltd.(down 0.84 per cent), Persistent Systems Ltd.(down 0.47 per cent), Wipro Ltd.(down 0.41 per cent) and Infosys Ltd.(down 0.07 per cent) were the top losers on the index.

The Nifty IT index was up 0.06 per cent at 36403.2 at the time of writing this report.

Benchmark NSE Nifty50 index was up 86.66 points at 21608.75, while the BSE Sensex was up 337.47 points at 71477.37.

Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red. Shares of JP Power, Vodafone Idea, NHPC, YES Bank and Indian Renewable were among the most traded shares on the NSE.

Shares of Jyoti CNC Automation, Vakrangee, Narmada Agrobase, Godfrey Philips and Mahamaya Steel hit their fresh 52-week highs in today’s trade, while VIP Ind., Digidrive Distributo, Vedant Fashions, Radaan Media and Latteys Industries hit fresh 52-week lows in trade.

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