IT stocks: Stock market update: IT stocks climbs; Info Edge up 3%

NEW DELHI: IT stocks were trading on a positive note at 02:57PM (IST) on Tuesday.

Shares of Info Edge (India) (up 3.01 per cent), MPhasis (up 1.13 per cent), Tata Consultancy (up 0.99 per cent), Mindtree (up 0.94 per cent) and Infosys (up 0.67 per cent) were among the top gainers.

While Larsen & Toubro Infotech (down 1.29 per cent) and Coforge (down 1.15 per cent) were the top losers in the index.

The Nifty IT index was trading 0.81 per cent up at 26245.2 around 02:57PM.

Benchmark NSE Nifty50 index was up 129.70 points at 14866.1, while the BSE Sensex was up 453.59 points at 50224.88.

Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red.

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

Shares of Alkyl Amines, Adani Gas, Adani Enterprises, Adani Transmission and Orchid Pharma hit their fresh 52-week high in today’s trade, while Mittal Life Style Ltd., Jump Networks Ltd., Sagardeep Alloys Ltd., Sanwaria Consumer Ltd., Surani Steel Tubes Ltd. and Marine Electricals (India) Ltd. hit fresh 52-week low in trade.



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