Stock market update: Nifty IT index advances 0.04% in an upbeat market

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

Coforge(up 1.42 per cent), L&T Technology(up 0.97 per cent), HCL Technologies(up 0.53 per cent), Wipro(up 0.28 per cent) and MPhasis(up 0.27 per cent) were among the top gainers.

Larsen & Toubro Infotech(down 0.5 per cent), Infosys(down 0.18 per cent), Tech Mahindra(down 0.12 per cent), Mindtree(down 0.06 per cent) and Tata Consultancy(down 0.04 per cent) were the top losers on the index.

The Nifty IT index was up 0.04 per cent at 36040.4 at the time of writing this report.

Benchmark NSE Nifty50 index was up 52.3 points at 17274.3, while the BSE Sensex was up 159.43 points at 57752.92.

Among the 50 stocks in the Nifty index, 35 were trading in the green, while 14 were in the red.

Shares of Adani Power, Motherson Sumi Wiring India Ltd., YES Bank, Vodafone Idea and Adani Wilmar Ltd. were among the most traded shares on the NSE.

Shares of Indo Borax Chem, SPML Infra, Swelect Energy, Shigan Quantum Technologies Ltd. and Shree Ram Proteins hit their fresh 52-week highs in today's trade, while Akash Infra-Proj, Rollatainers Ltd, CMI Ltd, Precision Metaliks Ltd. and Future Enterprises hit fresh 52-week lows in trade.