Stock market update: Nifty IT index advances 1.87% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 10:30AM (IST) on Monday in an upbeat market.

MPhasis (up 3.5 per cent), HCL Technologies (up 3.37 per cent), Mindtree (up 3.08 per cent), Tech Mahindra (up 2.66 per cent) and Tata Consultancy (up 1.99 per cent) were among the top gainers.

Oracle Financial Services Software (down 1.18 per cent) were the top losers on the index.

The Nifty IT index was up 1.87 per cent at 33974.75 at the time of writing this report.

Benchmark NSE Nifty50 index was up 31.35 points at 16481.85, while the BSE Sensex was up 167.57 points at 55496.89.

Among the 50 stocks in the Nifty index, 21 were trading in the green, while 28 were in the red.

Shares of Vodafone Idea, YES Bank, Zomato Ltd., SAIL and BHEL were among the most traded shares on the NSE.

Shares of Steel Exchange, Nakoda Group Of Ind, Arvind Fashions, Aster DM Health and Mask Investments hit their fresh 52-week highs in today’s trade, while Ujjivan Financial, Krsnaa Diagnostics Ltd., Ujjivan SFB, Eros Media and Nuvoco Vistas Corporation Ltd. hit fresh 52-week lows in trade.

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