Stock market update: Nifty IT index advances 1.18%

NEW DELHI: The Nifty IT index closed on a positive note on Tuesday.

Shares of MPhasis (up 2.49 per cent), Tata Consultancy (up 2.03 per cent), Infosys (up 1.45 per cent), Tech Mahindra (up 1.28 per cent) and Wipro (up 1.21 per cent) ended the day as top gainers in the pack.

On the other hand, Coforge (down 3.45 per cent), Mindtree (down 0.35 per cent) and Oracle Financial Services Software (down 0.13 per cent) finished as the top losers of the day.

The Nifty IT index closed 1.18 per cent up at 31165.85.

Benchmark NSE Nifty50 index ended up 245.6 points at 16130.75, while the BSE Sensex stood up 872.73 points at 53823.36.

Among the 50 stocks in the Nifty index, 44 ended in the green, while 6 closed in the red.

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

Shares of Nahar Capital, Cineline India, Zota Healthcare, Nahar Poly Film and Sarla Perform hit their fresh 52-week highs in today's trade, while Vodafone Idea and Suryoday Small Finance Bank Ltd. hit their fresh 52-week lows.