Stock market update: Nifty IT index advances 0.82% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 10:24AM (IST) on Thursday in an upbeat market.

Oracle Financial Services Software (up 2.34 per cent), MPhasis (up 2.06 per cent), Infosys (up 1.74 per cent), Larsen & Toubro Infotech (up 1.3 per cent) and Wipro (up 0.72 per cent) were among the top gainers.

Mindtree (down 0.42 per cent) and HCL Technologies (down 0.27 per cent) were the top losers on the index.

The Nifty IT index was up 0.82 per cent at 29493.1 at the time of writing this report.

Benchmark NSE Nifty50 index was up 151.4 points at 15783.5, while the BSE Sensex was up 536.75 points at 52735.26.

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

Shares of Vodafone Idea, IDFC, IDFC First Bank, SAIL and PNB were among the most traded shares on the NSE.

Shares of Laxmi Cotspin, Tarmat Ltd, IDFC, Xchanging Sol and Aspinwall and Co hit their fresh 52-week highs in today's trade, while Walpar Nutritions Ltd. and AKG Exim Ltd. hit fresh 52-week lows in trade.