Stock market update: Nifty IT index falls 0.18% in an upbeat market

NEW DELHI: The Nifty IT index traded negative around 10:45AM (IST) on Tuesday in an upbeat market.

Larsen & Toubro Infotech (up 0.58 per cent), MPhasis (up 0.42 per cent), Oracle Financial Services Software (up 0.3 per cent), Mindtree (up 0.29 per cent) and Coforge (up 0.28 per cent) were among the top gainers.

Tech Mahindra (down 1.04 per cent), HCL Technologies (down 0.86 per cent), Wipro (down 0.2 per cent), Tata Consultancy (down 0.18 per cent) and Infosys (down 0.12 per cent) were the top losers on the index.

The Nifty IT index was down 0.18 per cent at 29885.1 at the time of writing this report.

Benchmark NSE Nifty50 index was up 35.65 points at 15860.1, while the BSE Sensex was up 87.08 points at 52939.35.

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

Shares of Zomato Ltd., Suzlon Energy, Vodafone Idea, YES Bank and SAIL were among the most traded shares on the NSE.

Shares of KPI Global Infra, United Nilgiri Tea, Shreyans Ind, Premier Poly and Orbit Exports hit their fresh 52-week highs in today’s trade, while Alembic Pharma, Walpar Nutritions Ltd., PVP Ventures Ltd., Keerti Knowledge and RIL (PP) hit fresh 52-week lows in trade.

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