Stock market update: Nifty IT index advances 0.04% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 10:30AM (IST) on Tuesday in an upbeat market.

Tech Mahindra (up 1.91 per cent), Oracle Financial Services Software (up 1.79 per cent), Wipro (up 0.34 per cent) and Infosys (up 0.13 per cent) were among the top gainers.

MPhasis (down 1.64 per cent), Mindtree (down 1.26 per cent), Coforge (down 0.79 per cent), HCL Technologies (down 0.66 per cent) and Larsen & Toubro Infotech (down 0.63 per cent) were the top losers on the index.

The Nifty IT index was up 0.04 per cent at 33932.5 at the time of writing this report.

Benchmark NSE Nifty50 index was up 36.7 points at 16533.15, while the BSE Sensex was up 115.26 points at 55671.05.

Among the 50 stocks in the Nifty index, 28 were trading in the green, while 21 were in the red.

Shares of Vodafone Idea, NALCO, Zomato Ltd., SAIL and PNB were among the most traded shares on the NSE.

Shares of BLS Int. Services, S & S Power Switch, Meghmani Finechem Ltd., Andhra Cements and Uttam Galva Stl hit their fresh 52-week highs in today’s trade, while AKG Exim Ltd., KPI Global Infra, Nxtdigital, Silgo Retail and Marine Electricals hit fresh 52-week lows in trade.

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