Stock market update: Nifty IT index advances 0.28% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 10:40AM (IST) on Monday in an upbeat market.

Tech Mahindra (up 0.97 per cent), Oracle Financial Services Software (up 0.7 per cent), Tata Consultancy (up 0.48 per cent), Wipro (up 0.44 per cent) and Infosys (up 0.15 per cent) were among the top gainers.

Coforge (down 0.36 per cent), Mindtree (down 0.22 per cent), Larsen & Toubro Infotech (down 0.14 per cent) and HCL Technologies (down 0.1 per cent) were the top losers on the index.

The Nifty IT index was up 0.28 per cent at 31390.2 at the time of writing this report.

Benchmark NSE Nifty50 index was up 49.65 points at 16287.85, while the BSE Sensex was up 183.69 points at 54461.41.

Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red.

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

Shares of Rolex Rings Ltd., MPS Infotecnics, STEL Holdings, CMI Ltd and Century Extrus hit their fresh 52-week highs in today’s trade, while Chaman Lal Setia, Future Market, Viceroy Hotels, Transwind Infrastruc and Glenmark Life Sciences Ltd. hit fresh 52-week lows in trade.

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