Stock market update: Nifty IT index advances 1.2%

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

Shares of Mindtree(up 4.26 per cent), L&T Technology(up 2.85 per cent), MPhasis(up 2.85 per cent), Larsen & Toubro Infotech(up 1.72 per cent) and Tech Mahindra(up 1.71 per cent) ended the day as top gainers in the pack.

On the other hand, Wipro(down 0.11 per cent) finished as the top losers of the day.


The Nifty IT index closed 1.2 per cent up at 36516.75.

Benchmark NSE Nifty50 index ended down 22.9 points at 17222.75, while the BSE Sensex stood down 89.14 points at 57595.68.

Among the 50 stocks in the Nifty index, 25 ended in the green, while 25 closed in the red.

Shares of Vodafone Idea, L&T Fin Holding, Zee Ent., IDFC First Bank and TV18 Broadcast were among the most traded shares on the NSE.

Shares of Shiv Aum Steels, Krishana Phoschem, Guj Mineral Dev., Agarwal Corp and North Eastern hit their fresh 52-week highs in today's trade, while Felix Industries, Akash Infra-Proj, GMR Power and Urban Infra Ltd., Ganga Forging and Shri Ram Switchgears hit their fresh 52-week lows.