Stock market update: Nifty IT index advances 1.38% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 10:35AM(IST)on Friday in an upbeat market.

LTIMindtree Ltd(up 3.48 per cent), Persistent Systems(up 2.93 per cent), HCL Technologies(up 2.45 per cent), Infosys(up 2.35 per cent) and L&T Technology(up 2.28 per cent) were among the top gainers.

Tata Consultancy(down 0.32 per cent) were the top losers on the index.


The Nifty IT index was up 1.38 per cent at 28910.6 at the time of writing this report.

Benchmark NSE Nifty50 index was up 83.1 points at 17068.7, while the BSE Sensex was up 263.57 points at 57898.41.

Among the 50 stocks in the Nifty index, 38 were trading in the green, while 11 were in the red.

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

Shares of W S Industries, Tapi Fruit Processing Ltd., Soma Textiles, Binani Ind and RM Drip and Sprinkle hit their fresh 52-week highs in today's trade, while MPS Infotecnics, Future Consumer, Mega Flex Plastics Ltd., Future Enterprises and Brooks Labs hit fresh 52-week lows in trade.