Stock market update: Nifty IT index advances 0.49% in a weak market

NEW DELHI: The Nifty IT index traded positive around 11:25AM(IST)on Thursday in a weak market.

Persistent Systems Ltd.(up 2.7 per cent), Coforge Ltd.(up 2.49 per cent), L&T Technology Services Ltd.(up 1.37 per cent), Tata Consultancy Services Ltd.(up 0.84 per cent) and MphasiS Ltd.(up 0.61 per cent) were among the top gainers.

Infosys Ltd.(down 0.2 per cent) and HCL Technologies Ltd.(down 0.07 per cent) were the top losers on the index.


The Nifty IT index was up 0.49 per cent at 35219.55 at the time of writing this report.

Benchmark NSE Nifty50 index was down 29.25 points at 22405.4, while the BSE Sensex was down 33.66 points at 73843.16.

Among the 50 stocks in the Nifty index, 12 were trading in the green, while 38 were in the red.

Shares of Vodafone Idea, YES Bank, NHPC, PNB and South Indian Bnk were among the most traded shares on the NSE.

Shares of KEC Int., AYM Syntex, Ajmera Realty, The Anup Engg and GE Power India hit their fresh 52-week highs in today's trade, while 3rd Rock MultiMedia, Mask Investments, GIR Natureview, Regency Ceramic and Nagreeka Capital hit fresh 52-week lows in trade.