Stock market update: Nifty IT index falls 0.51% in an upbeat market

NEW DELHI: The Nifty IT index traded negative around 10:50AM(IST)on Wednesday in an upbeat market.

Tata Consultancy(up 0.05 per cent) were among the top gainers.

Mindtree(down 1.6 per cent), MPhasis(down 1.28 per cent), Coforge(down 1.23 per cent), Larsen & Toubro Infotech(down 1.14 per cent) and HCL Technologies(down 0.94 per cent) were the top losers on the index.

The Nifty IT index was down 0.51 per cent at 35364.05 at the time of writing this report.

Benchmark NSE Nifty50 index was up 11.15 points at 17833.45, while the BSE Sensex was up 50.35 points at 59795.23.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Shares of Vodafone Idea, Suzlon Energy, YES Bank, ONGC and Tata Power were among the most traded shares on the NSE.

Shares of Bharat Gears, AksharChem Ltd, Bosch, Arihant Superst and PTC India hit their fresh 52-week highs in today’s trade, while Quadpro ITeS Ltd. and Inventure Grwth hit fresh 52-week lows in trade.

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