Stock market update: Nifty IT index advances 0.47% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 10:34AM(IST)on Wednesday in an upbeat market.

HCL Technologies(up 2.09 per cent), Tata Consultancy(up 0.93 per cent), Tech Mahindra(up 0.37 per cent), Mindtree(up 0.29 per cent) and Infosys(up 0.19 per cent) were among the top gainers.

MPhasis(down 1.55 per cent), L&T Technology(down 0.32 per cent), Coforge(down 0.1 per cent) and Larsen & Toubro Infotech(down 0.03 per cent) were the top losers on the index.

The Nifty IT index was up 0.47 per cent at 27599.35 at the time of writing this report.

Benchmark NSE Nifty50 index was up 38.0 points at 17021.55, while the BSE Sensex was up 144.7 points at 57292.02.

Among the 50 stocks in the Nifty index, 37 were trading in the green, while 13 were in the red.

Shares of , Zomato Ltd., , and were among the most traded shares on the NSE.

Shares of , , , and Ltd. hit their fresh 52-week highs in today's trade, while , Kandarp Digi Smart BPO Ltd., Tips ., QMS Medical . and Tembo Global Indust hit fresh 52-week lows in trade.