Stock market update: Nifty IT index advances 0.78%

NEW DELHI: The Nifty IT index closed on a positive note on Tuesday.

Shares of MPhasis(up 1.77 per cent), Coforge(up 1.73 per cent), Tata Consultancy(up 1.53 per cent), Tech Mahindra(up 1.42 per cent) and Wipro(up 1.02 per cent) ended the day as top gainers in the pack.

On the other hand, L&T Technology(down 0.44 per cent) and Infosys(down 0.1 per cent) finished as the top losers of the day.


The Nifty IT index closed 0.78 per cent up at 28962.3.

Benchmark NSE Nifty50 index ended up 35.1 points at 18232.55, while the BSE Sensex stood up 126.41 points at 61294.2.

Among the 50 stocks in the Nifty index, 27 ended in the green, while 23 closed in the red.

Shares of YES Bank, Suzlon Energy, Vodafone Idea, Indian Railway Finance Corporation Ltd. and IOB were among the most traded shares on the NSE.

Shares of BF Investment, TD Power Sys, Krishna Defence and Allied Industries Ltd., Pritika Engineering Components Ltd. and Cords Cable Ind hit their fresh 52-week highs in today's trade, while Godha Cabcon & Insul, Arihant Academy Ltd., Moxsh Overseas Educon Ltd., SKS Textiles and Pansari Developers hit their fresh 52-week lows.