Stock market update: Nifty IT index advances 1.45% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 10:19AM(IST)on Wednesday in an upbeat market.

Tech Mahindra(up 3.01 per cent), MPhasis(up 2.22 per cent), Infosys(up 2.1 per cent), Mindtree(up 2.07 per cent) and L&T Technology(up 1.66 per cent) were among the top gainers.

Coforge(down 0.56 per cent) were the top losers on the index.

The Nifty IT index was up 1.45 per cent at 35562.35 at the time of writing this report.

Benchmark NSE Nifty50 index was up 137.8 points at 16151.25, while the BSE Sensex was up 559.84 points at 53983.93.

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

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

Shares of TTK Healthcare, NDTV, Dwarikesh Sugar, Mangalam Global Ent and SEL Manufact hit their fresh 52-week highs in today's trade, while Akash Infra-Proj, Easun Reyrolle, Usha Martin, Sansera Engineering Ltd. and Whirlpool India hit fresh 52-week lows in trade.