Stock market update: IT shares mixed; TCS down 2%

NEW DELHI: IT shares were trading on a mixed note in Wednesday's morning session.

Shares of Wipro (up 0.77 per cent), Infibeam Avenues (up 0.59 per cent), Infosys (up 0.35 per cent) and Tata Elxsi (up 0.28 per cent) were trading with gains.

Tata Consultancy Services (down 1.80 per cent), Mindtree (down 1.02 per cent), NIIT Technologies (down 0.65 per cent) and Oracle Financial Services Software (down 0.20 per cent) were trading lower.


The Nifty IT index was trading 0.43 per cent down at 15,188.55 around 10:19 am.

Benchmark NSE Nifty50 index was up 5.25 points at 11,561.15 while the BSE Sensex was up 14.55 points at 38,745.37.

Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.

Shares of YES Bank, Vodafone Idea, Adani Power, PNB, REC, Tata Motors, Dish TV India, SAIL, Bank of Baroda and InterGlobe Aviation were among the most traded shares on the NSE.