IT stocks: Stock market update: IT stocks gain; HCL Tech climbs over 2%

NEW DELHI: IT stocks were trading on a positive note at 03:02PM (IST) on Monday.

Shares of HCL Technologies (up 2.45 per cent), Tech Mahindra (up 1.7 per cent), Infosys (up 1.52 per cent), Larsen & Toubro Infotech (up 1.32 per cent) and Mindtree (up 1.28 per cent) were among the top gainers.

While Wipro (down 0.87 per cent), Info Edge (India) (down 0.87 per cent), MPhasis (down 0.76 per cent), Coforge (down 0.54 per cent) and Tata Consultancy (down 0.05 per cent) were the top losers in the index.

The Nifty IT index was trading 0.64 per cent up at 25392.25 around 03:02PM.

Benchmark NSE Nifty50 index was up 41.50 points at 14979.6, while the BSE Sensex was up 120.59 points at 50525.91.

Among the 50 stocks in the Nifty index, 32 were trading in the green, while 17 were in the red.

Shares of Vodafone Idea, PNB, Tata Motors, BHEL and ONGC were among the most traded shares on the NSE.

Shares of DCM Shriram, Elgi Equipments, Blue Dart Express, GAIL and Tata Communication hit their fresh 52week high in today’s trade, while hit fresh 52week low in trade.



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