Stock market update: Nifty IT index advances 0.66% in a weak market

NEW DELHI: The Nifty IT index traded positive around 11:10AM(IST)on Thursday in a weak market.

HCL Technologies(up 1.37 per cent), Tata Consultancy(up 0.86 per cent), Tech Mahindra(up 0.83 per cent), Wipro(up 0.78 per cent) and Infosys(up 0.57 per cent) were among the top gainers.

Coforge(down 0.34 per cent) were the top losers on the index.


The Nifty IT index was up 0.66 per cent at 28246.2 at the time of writing this report.

Benchmark NSE Nifty50 index was down 25.3 points at 17486.95, while the BSE Sensex was down 108.5 points at 58998.69.

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

Shares of Suzlon Energy, Vodafone Idea, PNB, Zomato Ltd. and IDFC First Bank were among the most traded shares on the NSE.

Shares of DC Infotech, Tracxn Technologies Ltd., Mazda Ltd, Alkali Metals and Deepak Fertilisers hit their fresh 52-week highs in today's trade, while Piramal Pharma Ltd., JohnsonCtrls Hitachi, Penta Gold, Akshar Spintex and A and M Jumbo Bags L hit fresh 52-week lows in trade.