Information Technology stocks rise

Capital Market 

Information Technology stocks were trading with gains, with the S&P BSE IT Sector index increasing 216.94 points or 0.69% at 31736.75 at 09:48 IST.

Among the components of the S&P BSE IT Sector index, Rategain Travel Technologies Ltd (up 7.28%), Accelya Solutions India Ltd (up 4.89%),Newgen Software Technologies Ltd (up 4.86%),NIIT Ltd (up 4.21%),Cyient Ltd (up 4.19%), were the top gainers. Among the other gainers were R Systems International Ltd (up 4.02%), Cybertech Systems & Software Ltd (up 3.95%), Tanla Platforms Ltd (up 3.76%), Intellect Design Arena Ltd (up 2.29%), and Cerebra Integrated Technologies Ltd (up 2.22%).

On the other hand, 63 Moons Technologies Ltd (down 4.98%), Brightcom Group Ltd (down 4.57%), and eClerx Services Ltd (down 3.48%) turned lower.

At 09:48 IST, the S&P BSE Sensex was down 10.11 or 0.02% at 56965.88.

The Nifty 50 index was down 9.95 points or 0.06% at 17059.15.

The S&P BSE Small-Cap index was up 128.69 points or 0.45% at 28490.47.

The S&P BSE 150 Midcap Index index was up 33.22 points or 0.39% at 8574.66.

On BSE,1717 shares were trading in green, 1125 were trading in red and 111 were unchanged.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, May 04 2022. 10:00 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU