Stock market update: Nifty IT index advances 1.7%

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

Shares of Mindtree (up 4.65 per cent), HCL Technologies (up 4.09 per cent), Larsen & Toubro Infotech (up 2.74 per cent), Tata Consultancy (up 2.19 per cent) and Coforge (up 1.65 per cent) ended the day as top gainers in the pack.

On the other hand, Oracle Financial Services Software (down 0.55 per cent) finished as the top losers of the day.

The Nifty IT index closed 1.7 per cent up at 33919.8.

Benchmark NSE Nifty50 index ended up 45.95 points at 16496.45, while the BSE Sensex stood up 226.47 points at 55555.79.

Among the 50 stocks in the Nifty index, 22 ended in the green, while 27 closed in the red.

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

Shares of BLS Int. Services, Arvind Fashions, Steel Exchange, Stampede Cap and Mask Investments hit their fresh 52-week highs in today's trade, while Ujjivan Financial, PTC Financial, Windlas Biotech Ltd., Vertoz Advertising and Biocon hit their fresh 52-week lows.