Share market update: Tech Mahindra, TCS keep Nifty IT index in the green

NEW DELHI: Shares of Oracle Financial Services Software (OFSS) (up 1.41 per cent), Tech Mahindra (up 0.94 per cent) and Tata Consultancy Services (TCS) (up 0.87 per cent) were trading up during afternoon trade on Wednesday, keeping the sectoral index in the green zone.

The Nifty IT index was trading 0.38 per cent up at 16,092 around 12:55 pm.

Shares of Tata Elxsi (up 0.73 per cent), HCL Technologies (up 0.38 per cent) and Infosys (up 0.22 per cent) were also trading with gains.


However, KPIT Technologies (down 2.16 per cent), Mindtree (down 1.60 per cent), Infibeam Avenues (down 0.46 per cent) and Wipro (down 0.27 per cent) were down at that time.

Benchmark NSE Nifty50 index was up 23 points at 11,301, while the BSE Sensex was up 72 points at 37,363.

Among the 50 stocks in the Nifty index, 35 were trading in the green, while 15 were in the red.

Coal India, BPCL, GAIL (India), Tata Steel and Hero MotoCorp were among the top gainers in the Nifty index.

Zee Entertainment Enterprises, Bajaj Finance, Bajaj Finserv, Lupin and Titan Company were among the top losers in the Nifty pack of stocks.