Stock market update: Nifty IT index advances 0.29% in a weak market

Stock market update: Nifty IT index advances 0.29% in a weak market
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The Nifty IT index was trading 0.29 per cent up at 35437.2.

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Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700.
NEW DELHI: The Nifty IT index traded positive around 11:00AM(IST)on Monday in a weak market.

Mindtree(up 2.38 per cent), Coforge(up 1.44 per cent), Tech Mahindra(up 1.36 per cent), L&T Technology(up 1.09 per cent) and MPhasis(up 0.82 per cent) were among the top gainers.

HCL Technologies(down 0.75 per cent) and Tata Consultancy(down 0.59 per cent) were the top losers on the index.

The Nifty IT index was up 0.29 per cent at 35437.2 at the time of writing this report.

Benchmark NSE Nifty50 index was down 24.3 points at 17892.5, while the BSE Sensex was down 101.3 points at 59966.32.

Among the 50 stocks in the Nifty index, 28 were trading in the green, while 22 were in the red.

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

Shares of IRIS Business Servic, Mirza Intnl, Mangalam Organics, Chalet Hotels and Muthoot Finance hit their fresh 52-week highs in today's trade, while Destiny Logistics & Infra Ltd., Jiya Eco Products Lt, Airo Lam and Kotyark Industries Ltd. hit fresh 52-week lows in trade.

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