Stock market update: IT shares mixed; Tech Mahindra dips over 1%

NEW DELHI: IT shares were trading on a mixed note in Thursday's morning session.

Shares of Oracle Financial Services Software (up 1.70 per cent), Wipro (up 0.92 per cent), HCL Technologies (up 0.61 per cent) and Infibeam Avenues (up 0.36 per cent) were trading higher.

Tech Mahindra (down 1.53 per cent), Tata Elxsi (down 1.02 per cent), NIIT Technologies (down 0.66 per cent) and Tata Consultancy Services (down 0.50 per cent) were trading with losses.

The Nifty IT index was trading 0.21 per cent down at 15,136.05 around 10:19 am.

Benchmark NSE Nifty50 index was up 54.60 points at 11,553.50 while the BSE Sensex was up 169.75 points at 38,726.79.

Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red.

Shares of YES Bank, Vodafone Idea, Dish TV India, SAIL, REC, Adani Power, PNB, JSPL, SBI and Ashok Leyland were among the most traded shares on the NSE.