Stock market update: Nifty IT index advances 0.32% in an upbeat market

The Nifty IT index was trading 0.32 per cent up at 42193.9.

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 traded positive around 11:05AM(IST)on Tuesday in an upbeat market.

Infosys Ltd.(up 1.46 per cent), MphasiS Ltd.(up 0.94 per cent), Tech Mahindra Ltd.(up 0.39 per cent), HCL Technologies Ltd.(up 0.37 per cent) and Tata Consultancy Services Ltd.(up 0.05 per cent) were among the top gainers.

Persistent Systems Ltd.(down 2.4 per cent), Wipro Ltd.(down 1.63 per cent), L&T Technology Services Ltd.(down 1.38 per cent), Coforge Ltd.(down 1.28 per cent) and LTIMindtree Ltd.(down 0.65 per cent) were the top losers on the index.


The Nifty IT index was up 0.32 per cent at 42193.9 at the time of writing this report.

Benchmark NSE Nifty50 index was up 138.75 points at 22967.9, while the BSE Sensex was up 632.34 points at 75998.51.

Among the 50 stocks in the Nifty index, 27 were trading in the green, while 23 were in the red.
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Shares of Vodafone Idea, YES Bank, Suzlon Energy, IDFC First Bank and Zomato were among the most traded shares on the NSE.

Shares of Reliance Naval & Engg, Blue Coast Hotel, Navkar Builders and United Polyfab Gujar hit their fresh 52-week highs in today's trade, while InfoBeans Tech, Compucom Software, Emcure Pharmaceutica, HP Adhesives and LE Travenues Techno hit fresh 52-week lows in trade.
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