Stock market update: Nifty IT index advances 0.36% in a weak market

NEW DELHI: The Nifty IT index traded positive around 10:14AM (IST) on Monday in a weak market.

Mindtree (up 1.89 per cent), Oracle Financial Services Software (up 1.52 per cent), Tata Consultancy (up 1.2 per cent), Wipro (up 0.66 per cent) and Coforge (up 0.52 per cent) were among the top gainers.

MPhasis (down 0.79 per cent), Infosys (down 0.48 per cent) and HCL Technologies (down 0.18 per cent) were the top losers on the index.

The Nifty IT index was up 0.36 per cent at 34928.25 at the time of writing this report.

Benchmark NSE Nifty50 index was down 90.05 points at 17279.2, while the BSE Sensex was down 300.87 points at 58004.2.

Among the 50 stocks in the Nifty index, 14 were trading in the green, while 35 were in the red.

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

Shares of ABM International L, Deep Industries Ltd., Rex Pipes and Cables Industries Ltd., DU Digital Technologies Ltd. and Apcotex Ind hit their fresh 52-week highs in today’s trade, while Nandani Creation, Jiya Eco Products Lt, Varroc Engg. and Suvidhaa Infoserve Ltd. hit fresh 52-week lows in trade.

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