Stock market update: Nifty IT index advances 0.52% in a weak market

NEW DELHI: The Nifty IT index traded positive around 09:59AM(IST)on Tuesday in a weak market.

MPhasis(up 1.58 per cent), Mindtree(up 1.14 per cent), Wipro(up 0.96 per cent), L&T Technology(up 0.6 per cent) and Coforge(up 0.54 per cent) were among the top gainers.

HCL Technologies(down 0.03 per cent) were the top losers on the index.

The Nifty IT index was up 0.52 per cent at 35969.7 at the time of writing this report.

Benchmark NSE Nifty50 index was down 6.75 points at 18061.8, while the BSE Sensex was down 61.89 points at 60483.72.

Among the 50 stocks in the Nifty index, 26 were trading in the green, while 24 were in the red.

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

Shares of Patel Integrat(PP), Indian Terrain, Mangalam Organics, 3i Infotech and TVS Motor hit their fresh 52-week highs in today’s trade, while Quadpro ITeS Ltd. and Opto Circuits hit fresh 52-week lows in trade.

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