Share market update: IT shares in the green; Infosys climbs 3%

NEW DELHI: IT shares were trading with gains in Monday's session.

Shares of Larsen & Toubro Infotech (up 6.68 per cent) , MPhasis (up 5.08 per cent) , NIIT Technologies (up 4.89 per cent) , Infosys (up 3.06 per cent) , HCL Technologies (up 2.95 per cent) , Mindtree (up 2.73 per cent) , Tata Consultancy (up 2.45 per cent) , Tech Mahindra (up 2.33 per cent) and Wipro (up 0.3 per cent) were among the top gainers.

The Nifty IT index was trading 2.4 per cent up at 17700.15 around 02:46PM.

Benchmark NSE Nifty50 index was down 26.70 points at 11167.45, while the BSE Sensex was down 66.55 points at 38062.35.

Among the 50 stocks in the Nifty index, 20 were trading in the green, while 30 were in the red.

Shares of YES Bank, Vodafone Idea, ICICI Bank, SBI, IDFC First Bank Ltd., Indian Oil Corp, Zee Ent., Federal Bank, RIL and Tata Motors were among the most traded shares on the NSE.