Stock market update: Nifty IT index advances 0.6% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 10:56AM(IST)on Tuesday in an upbeat market.

Tech Mahindra(up 4.54 per cent), MPhasis(up 2.07 per cent), L&T Technology(up 1.48 per cent), Mindtree(up 1.44 per cent) and Larsen & Toubro Infotech(up 0.55 per cent) were among the top gainers.

Infosys(down 0.35 per cent), Coforge(down 0.23 per cent) and Tata Consultancy(down 0.09 per cent) were the top losers on the index.

The Nifty IT index was up 0.6 per cent at 35214.2 at the time of writing this report.

Benchmark NSE Nifty50 index was up 25.15 points at 18150.55, while the BSE Sensex was up 2.32 points at 60969.37.

Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red.

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

Shares of Mahickra Chemicals, JIK Industries, Arihant Found, TCI Express and Ushanti Colour Chem hit their fresh 52-week highs in today's trade, while D K Enterprises Global Ltd., SREI Infra Fin, JMT Auto, Suvidhaa Infoserve Ltd. and Indostar Cap. Fin. hit fresh 52-week lows in trade.