Stock market update: Nifty IT index falls 0.31% in an upbeat market

Stock market update: Nifty IT index falls 0.31% in an upbeat market
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The Nifty IT index was trading 0.31 per cent down at 34947.65.

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NEW DELHI: The Nifty IT index traded negative around 10:04AM(IST)on Friday in an upbeat market.

Larsen & Toubro Infotech(up 1.16 per cent), Mindtree(up 0.64 per cent) and MPhasis(up 0.04 per cent) were among the top gainers.

Wipro(down 0.81 per cent), Coforge(down 0.69 per cent), HCL Technologies(down 0.58 per cent), Tata Consultancy(down 0.42 per cent) and Infosys(down 0.39 per cent) were the top losers on the index.

The Nifty IT index was down 0.31 per cent at 34947.65 at the time of writing this report.

Benchmark NSE Nifty50 index was up 11.7 points at 17571.9, while the BSE Sensex was up 10.38 points at 58798.4.

Among the 50 stocks in the Nifty index, 27 were trading in the green, while 23 were in the red.

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

Shares of Ambika Cotton, Bombay Super Hybrid, Trans & Rectif, Nahar Capital and Sharda Cropchem hit their fresh 52-week highs in today's trade, while Precision Metaliks Ltd., Dynamic Services & Security Ltd., Uniinfo Telecom Serv, McDowell Hold and Shanti Overseas(Ind hit fresh 52-week lows in trade.

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