Stock market update: Nifty IT index advances 0.33% in an upbeat market

Stock market update: Nifty IT index advances 0.33% in an upbeat market
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The Nifty IT index was trading 0.33 per cent up at 35489.1.

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MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
NEW DELHI: The Nifty IT index traded positive around 10:19AM(IST)on Wednesday in an upbeat market.

L&T Technology(up 1.82 per cent), HCL Technologies(up 1.76 per cent), Wipro(up 1.34 per cent), Mindtree(up 1.23 per cent) and Larsen & Toubro Infotech(up 0.83 per cent) were among the top gainers.

Tech Mahindra(down 3.41 per cent) were the top losers on the index.

The Nifty IT index was up 0.33 per cent at 35489.1 at the time of writing this report.

Benchmark NSE Nifty50 index was up 145.85 points at 17722.7, while the BSE Sensex was up 510.46 points at 59373.03.

Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red.

Shares of Vodafone Idea, PNB, Suzlon Energy, SAIL and JP Power were among the most traded shares on the NSE.

Shares of Mallcom(India), Nahar Poly Film, Jainam Ferro Alloys(I)Ltd., Capri Global and Everest Ind hit their fresh 52-week highs in today's trade, while Precision Metaliks Ltd., Dynamic Services & Security Ltd. and Hind Nat Glass hit fresh 52-week lows in trade.

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