Stock market update: Nifty IT index advances 0.35% in an upbeat market

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

MPhasis (up 1.79 per cent), Coforge (up 1.39 per cent), Mindtree (up 0.79 per cent), Larsen & Toubro Infotech (up 0.62 per cent) and Tata Consultancy (up 0.59 per cent) were among the top gainers.

Oracle Financial Services Software (down 0.29 per cent) and Infosys (down 0.24 per cent) were the top losers on the index.

The Nifty IT index was up 0.35 per cent at 34227.5 at the time of writing this report.

Benchmark NSE Nifty50 index was up 58.95 points at 16990.0, while the BSE Sensex was up 211.08 points at 57100.84.

Among the 50 stocks in the Nifty index, 31 were trading in the green, while 17 were in the red.

Shares of Vodafone Idea, NALCO, Bharti Airtel, SAIL and YES Bank were among the most traded shares on the NSE.

Shares of Madhya Bharat Agro, 8K Miles Soft, Chemplast Sanmar Ltd., Indian Energy Exchg and Pritika Auto Ind hit their fresh 52-week highs in today’s trade, while Inventure Grwth and Nakoda Group Of Ind hit fresh 52-week lows in trade.

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