Share market update: Nifty IT index flat; Infibeam Avenues down 1%

NEW DELHI: IT shares were mixed in Monday's morning session with their sectoral index trading on a flat note.

Shares of Mindtree (up 1.65 per cent), Oracle Financial Services Software (up 0.89 per cent), Tata Elxsi (up 0.78 per cent) and Tata Consultancy Services (up 0.28 per cent) were the top gainers in the index.

Infibeam Avenues (down 1.14 per cent) , HCL Technologies (down 0.76 per cent) , Wipro (down 0.47 per cent) and Tech Mahindra (down 0.26 per cent) were trading with losses.

The Nifty IT index was trading 0.04 per cent down at 15,539.70 around 10:30 am.

Benchmark NSE Nifty50 index was up 55.45 points at 11,482.30 while the BSE Sensex was up 195.70 points at 38,220.02.

Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red.

Shares of Indian Oil Corp, YES Bank, Bank of Baroda, Ashok Leyland, Tata Motors, SBI, BEL, SAIL, ICICI Bank and Vodafone Idea were among the most traded shares on the National Stock Exchange.