Stock market update: Nifty IT index advances 0.77% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 10:19AM (IST) on Monday in an upbeat market.

MPhasis (up 2.4 per cent), Oracle Financial Services Software (up 2.38 per cent), Infosys (up 1.29 per cent), Coforge (up 1.18 per cent) and Mindtree (up 0.87 per cent) were among the top gainers.

Wipro (down 0.3 per cent) were the top losers on the index.

The Nifty IT index was up 0.77 per cent at 30124.85 at the time of writing this report.

Benchmark NSE Nifty50 index was up 13.65 points at 15869.7, while the BSE Sensex was up 35.99 points at 53011.79.

Among the 50 stocks in the Nifty index, 29 were trading in the green, while 21 were in the red.

Shares of YES Bank, Vodafone Idea, Zomato Ltd., ITC and Ibull Housing Fin were among the most traded shares on the NSE.

Shares of MPS Infotecnics, Jocil Ltd, Premier Poly, Caplin Point and Tainwala Chem hit their fresh 52-week highs in today’s trade, while Madhav Copper, Walpar Nutritions Ltd., PVP Ventures Ltd., Keerti Knowledge and AKG Exim Ltd. hit fresh 52-week lows in trade.

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