Stock market update: Nifty IT index advances 1.05% in an upbeat market

Stock market update: Nifty IT index advances 1.05% in an upbeat market
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The Nifty IT index was trading 1.05 per cent up at 35720.3.

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NEW DELHI: The Nifty IT index traded positive around 10:24AM(IST)on Monday in an upbeat market.

Infosys(up 2.16 per cent), Wipro(up 1.26 per cent), MPhasis(up 0.96 per cent), Tech Mahindra(up 0.74 per cent) and Tata Consultancy(up 0.65 per cent) were among the top gainers.

Coforge(down 1.26 per cent) were the top losers on the index.

The Nifty IT index was up 1.05 per cent at 35720.3 at the time of writing this report.

Benchmark NSE Nifty50 index was up 18.4 points at 16648.85, while the BSE Sensex was up 165.01 points at 55715.31.

Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red.

Shares of Vodafone Idea, SAIL, Shree Ren Sug, YES Bank and Tata Motors were among the most traded shares on the NSE.

Shares of Triveni Engg, Dhampur Sugar, Speciality Rest, Jindal Drilling and Healthcare Global hit their fresh 52-week highs in today's trade, while Jubilant Food, PayTM, Future Supply Chain, Akash Infra-Proj and Easun Reyrolle hit fresh 52-week lows in trade.

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