Stock market update: IT stocks up; TCS, Infosys among top gainers

NEW DELHI: Most IT stocks including KPIT Technologies (up 1.54 per cent), Tata Elxsi (up 1.53 per cent), Tata Consultancy Services (up 1.30 per cent) and Infosys (up 1.15 per cent) were trading with decent gains during afternoon trade on Tuesday.

The Nifty IT index was trading 0.87 per cent up at 14,195 around 02:35 pm.

Shares of HCL Technologies (up 0.92 per cent), Wipro (up 0.54 per cent), Tech Mahindra (up 0.49 per cent) and Infibeam Incorporation (up 0.30 per cent) were also trading with gains.


However, Oracle Financial Services Software (down 1.11 per cent) and Mindtree (down 0.19 per cent) were down around that time.

Gains in pharma, auto, energy and oil & gas stocks were keeping market up.

Benchmark NSE Nifty50 index was up 34 points at 10,693, while the BSE Sensex was up 93 points at 35,357.

Among the 50 stocks in the Nifty index, 38 were trading in the green, while 11 were in the red.

Cipla, Sun Pharma, Maruti Suzuki India, Bajaj Finserv and BPCL were among the top gainers in the Nifty index.

On the contrary, Vedanta, Bharti Infratel, ICICI Bank, HDFC and Power Grid Corporation of India were among the top losers in the Nifty pack of stocks.