Stock market update: Nifty IT index advances 1.26%

The Nifty IT index closed 1.26 per cent up at 38784.3.

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Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700.
NEW DELHI: The Nifty IT index closed on a positive note on Wednesday.

Shares of HCL Technologies Ltd.(up 3.23 per cent), Infosys Ltd.(up 2.2 per cent), Tech Mahindra Ltd.(up 1.66 per cent), Wipro Ltd.(up 1.59 per cent) and Persistent Systems Ltd.(up 0.33 per cent) ended the day as top gainers in the pack.

On the other hand, Coforge Ltd.(down 0.77 per cent) and Oracle Financial Services Software Ltd.(down 0.66 per cent) finished as the top losers of the day.


The Nifty IT index closed 1.26 per cent up at 38784.3.

Benchmark NSE Nifty50 index ended up 37.16 points at 25141.4, while the BSE Sensex stood up 123.42 points at 82515.14.

Among the 50 stocks in the Nifty index, 28 ended in the green, while 22 closed in the red.
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Shares of RattanIndia Power, Vodafone Idea, Reliance Power, JP Power and RattanIndia Infra were among the most traded shares on the NSE.

Shares of Wockhardt, Prabha Energy, Capital India Fin, Camlin Fine Sc and Sundaram Finance hit their fresh 52-week highs in today's trade, while Shree Ram Proteins, BSL Ltd, Picturepost Studios, Excel Realty N Infra and Viceroy Hotels hit their fresh 52-week lows.
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