IT stocks: Stock market update: IT stocks mixed; Coforge climbs nearly 4%

NEW DELHI: IT stocks were trading on a positive note at 02:31PM (IST) on Monday.

Shares of Coforge (up 3.66 per cent), Mindtree (up 2.9 per cent), Tech Mahindra (up 1.72 per cent), Larsen & Toubro Infotech (up 1.67 per cent) and MPhasis (up 1.19 per cent) were among the top gainers.

While Info Edge (India) (down 2.05 per cent), Infosys (down 0.7 per cent) and Wipro (down 0.51 per cent) were the top losers in the index.

The Nifty IT index was trading 0.07 per cent up at 25905.5 around 02:31PM.

Benchmark NSE Nifty50 index was down 210.05 points at 14820.9, while the BSE Sensex was down 761.33 points at 50030.75.

Among the 50 stocks in the Nifty index, 12 were trading in the green, while 38 were in the red.

Shares of Vodafone Idea, BHEL, Tata Power, PNB and YES Bank were among the most traded shares on the NSE.

Shares of Vaibhav Global, Poly Medicure, Indian Energy Exchange, Orchid Pharma and Welspun India hit their fresh 52 week high in today’s trade, while Shrenik Ltd., B C Power Controls Ltd., Rajvir Industries Ltd., Ahimsa Industries Ltd., Bannari Amman Spinning Mills Ltd. and Marine Electricals (India) Ltd. hit fresh 52 week low in trade.



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