Stock market update: Nifty IT index advances 0.34%

Stock market update: Nifty IT index advances 0.34%
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The Nifty IT index closed 0.34 per cent up at 38139.85.

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Shrikant Chouhan of Kotak Securities said Nifty50 topping the 15,800 mark was completely unexpected.
NEW DELHI: The Nifty IT index closed on a positive note on Friday.

Shares of Tata Consultancy(up 1.21 per cent), Wipro(up 0.81 per cent), Tech Mahindra(up 0.69 per cent), L&T Technology(up 0.56 per cent) and HCL Technologies(up 0.44 per cent) ended the day as top gainers in the pack.

On the other hand, Coforge(down 2.95 per cent), MPhasis(down 0.52 per cent), Mindtree(down 0.23 per cent) and Infosys(down 0.19 per cent) finished as the top losers of the day.

The Nifty IT index closed 0.34 per cent up at 38139.85.

Benchmark NSE Nifty50 index ended up 66.8 points at 17812.7, while the BSE Sensex stood up 142.81 points at 59744.65.

Among the 50 stocks in the Nifty index, 32 ended in the green, while 18 closed in the red.

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

Shares of Vardhman Hold, AYM Syntex, OM Metal Infra, Dollar Industries and Salzer Electro hit their fresh 52-week highs in today's trade, while Vivo Collaboration Solutions Ltd., Foce India Ltd., PayTM, Lumax Ind and Dynamic Services & Security Ltd. hit their fresh 52-week lows.

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