Stock market update: Nifty IT index falls 0.36% in an upbeat market

Stock market update: Nifty IT index falls 0.36% in an upbeat market
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The Nifty IT index was trading 0.36 per cent down at 38983.45.

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Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively.
NEW DELHI: The Nifty IT index traded negative around 10:24AM(IST)on Tuesday in an upbeat market.

Coforge(up 1.85 per cent), Tata Consultancy(up 0.6 per cent) and L&T Technology(up 0.27 per cent) were among the top gainers.

Mindtree(down 1.63 per cent), HCL Technologies(down 0.99 per cent), Infosys(down 0.89 per cent), Larsen & Toubro Infotech(down 0.83 per cent) and Wipro(down 0.64 per cent) were the top losers on the index.

The Nifty IT index was down 0.36 per cent at 38983.45 at the time of writing this report.

Benchmark NSE Nifty50 index was up 82.3 points at 17708.0, while the BSE Sensex was up 320.74 points at 59503.96.

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

Shares of JP Power, Suzlon Energy, YES Bank, Vodafone Idea and Reliance Power were among the most traded shares on the NSE.

Shares of Indo Rama Synth, Mirza Intnl, ARSS Infra, Arihant Capital and Shree Rama Multi hit their fresh 52-week highs in today's trade, while Vivo Collaboration Solutions Ltd., A and M Jumbo Bags L, HEC Infra Projects, Vishwaraj Sugar and Mas Fin Services hit fresh 52-week lows in trade.

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