Stock market update: Nifty IT index advances 0.31% in a weak market

NEW DELHI: The Nifty IT index traded positive around 09:59AM (IST) on Monday in a weak market.

Mindtree (up 1.56 per cent), MPhasis (up 1.34 per cent), Tata Consultancy (up 0.5 per cent), HCL Technologies (up 0.49 per cent) and Wipro (up 0.44 per cent) were among the top gainers.

Larsen & Toubro Infotech (down 0.82 per cent), Coforge (down 0.24 per cent) and Tech Mahindra (down 0.12 per cent) were the top losers on the index.

The Nifty IT index was up 0.31 per cent at 32780.85 at the time of writing this report.

Benchmark NSE Nifty50 index was down 15.6 points at 16513.5, while the BSE Sensex was down 28.04 points at 55409.25.

Among the 50 stocks in the Nifty index, 19 were trading in the green, while 30 were in the red.

Shares of Vodafone Idea, Devyani International Ltd., Trident Ltd, Suzlon Energy and YES Bank were among the most traded shares on the NSE.

Shares of Devyani International Ltd., MPS Infotecnics, MRO-TEK Realty, TD Power Sys and Pritika Auto Ind hit their fresh 52-week highs in today's trade, while AKG Exim Ltd., Windlas Biotech Ltd., Network People Services Technologies Ltd., Radha Madhav and Suryoday Small Finance Bank Ltd. hit fresh 52-week lows in trade.