Stock market update: Nifty IT index advances 0.46% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 11:16AM(IST)on Wednesday in an upbeat market.

Tech Mahindra(up 1.05 per cent), HCL Technologies(up 0.75 per cent), LTIMindtree Ltd(up 0.67 per cent), Tata Consultancy(up 0.61 per cent) and Wipro(up 0.56 per cent) were among the top gainers.

Persistent Systems(down 0.66 per cent) were the top losers on the index.


The Nifty IT index was up 0.46 per cent at 29876.05 at the time of writing this report.

Benchmark NSE Nifty50 index was up 142.95 points at 17805.1, while the BSE Sensex was up 502.86 points at 60052.76.

Among the 50 stocks in the Nifty index, 42 were trading in the green, while 7 were in the red.

Shares of YES Bank, Vodafone Idea, PNB, Suzlon Energy and Brightcom Group were among the most traded shares on the NSE.

Shares of Manaksia Ltd, Apar Industries, GNA Axles, Upsurge Seeds of Agriculture Ltd. and Vinny Overseas hit their fresh 52-week highs in today's trade, while Aarti Pharmalabs Ltd., Kamdhenu Ventures Ltd., Godha Cabcon & Insul, Sintex Inds. and Moxsh Overseas Educon Ltd. hit fresh 52-week lows in trade.