Stock market update: Nifty IT index advances 1.11%

Stock market update: Nifty IT index advances 1.11%
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The Nifty IT index closed 1.11 per cent up at 33847.85.

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India 10-year bond yield jumped 0.38 per cent to 6.03 after trading in 6.01 - 6.04 range.
NEW DELHI: The Nifty IT index closed on a positive note on Monday.

Shares of Mindtree(up 2.57 per cent), L&T Technology(up 2.45 per cent), Larsen & Toubro Infotech(up 2.35 per cent), MPhasis(up 1.91 per cent) and Tech Mahindra(up 1.46 per cent) ended the day as top gainers in the pack.

On the other hand, HCL Technologies(down 0.24 per cent) finished as the top losers of the day.

The Nifty IT index closed 1.11 per cent up at 33847.85.

Benchmark NSE Nifty50 index ended up 135.5 points at 16793.9, while the BSE Sensex stood up 388.76 points at 56247.28.

Among the 50 stocks in the Nifty index, 34 ended in the green, while 16 closed in the red.

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

Shares of Vadilal Ind, Vaishali Pharma, Shankara Bldg Prod, Orient Bell and Rajnandini Metal hit their fresh 52-week highs in today's trade, while Edelweiss Financial, Richa Info Systems Ltd., SoftTech Engineers, JMT Auto and Asian Hotels(W)hit their fresh 52-week lows.

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