Stock market update: Nifty IT index advances 0.2%

The Nifty IT index closed 0.2 per cent up at 28612.5.

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
NEW DELHI: The Nifty IT index closed on a positive note on Tuesday.

Shares of MPhasis(up 1.44 per cent), Tata Consultancy(up 1.31 per cent) and Coforge(up 0.01 per cent) ended the day as top gainers in the pack.

On the other hand, Persistent Systems(down 1.24 per cent), L&T Technology(down 0.98 per cent), Tech Mahindra(down 0.85 per cent), HCL Technologies(down 0.34 per cent) and LTIMindtree Ltd(down 0.24 per cent) finished as the top losers of the day.


The Nifty IT index closed 0.2 per cent up at 28612.5.

Benchmark NSE Nifty50 index ended down 35.15 points at 18385.3, while the BSE Sensex stood down 103.9 points at 61702.29.

Among the 50 stocks in the Nifty index, 12 ended in the green, while 36 closed in the red.
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Shares of Suzlon Energy, YES Bank, JP Power, Vodafone Idea and UCO Bank were among the most traded shares on the NSE.

Shares of Malu Paper Mill, Nelcast, Donear Ind, Confidence Petro and Salasar Techno Engg hit their fresh 52-week highs in today's trade, while Arshiya, Jakharia Fabric, Penta Gold, Sintex Inds. and Vital Chemtech Ltd. hit their fresh 52-week lows.
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