Stock market update: Nifty IT index advances 0.38% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 11:02AM(IST)on Friday in an upbeat market.

MphasiS Ltd.(up 0.95 per cent), Oracle Financial Services Software Ltd.(up 0.81 per cent), Wipro Ltd.(up 0.7 per cent), Tata Consultancy Services Ltd.(up 0.59 per cent) and Infosys Ltd.(up 0.3 per cent) were among the top gainers.

Tech Mahindra Ltd.(down 0.84 per cent), Persistent Systems Ltd.(down 0.63 per cent), Coforge Ltd.(down 0.18 per cent) and LTIMindtree Ltd.(down 0.14 per cent) were the top losers on the index.


The Nifty IT index was up 0.38 per cent at 39001.6 at the time of writing this report.

Benchmark NSE Nifty50 index was up 14.55 points at 25419.85, while the BSE Sensex was up 63.6 points at 83303.07.

Among the 50 stocks in the Nifty index, 26 were trading in the green, while 24 were in the red.

Shares of Vodafone Idea, PC Jeweller, Ola Electric Mobilit, RattanIndia Power and JP Power were among the most traded shares on the NSE.

Shares of Sindhu Trade, Sumeet Ind, SML Isuzu, Prime Focus and Reliance Naval & Engg hit their fresh 52-week highs in today's trade, while Stampede Cap(DVR), Sadhana Nitro, Globe Civil Projects, Indogulf Cropscience and Dreamfolks Services hit fresh 52-week lows in trade.