Stock market update: Nifty IT index advances 0.87%

Stock market update: Nifty IT index advances 0.87%
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The Nifty IT index closed 0.87 per cent up at 29849.3.

Reuters
Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
NEW DELHI: The Nifty IT index closed on a positive note on Monday.

Shares of Coforge(up 3.1 per cent), Mindtree(up 2.79 per cent), L&T Technology(up 2.07 per cent), Larsen & Toubro Infotech(up 1.93 per cent) and Infosys(up 0.97 per cent) ended the day as top gainers in the pack.

On the other hand, Wipro(down 0.79 per cent) finished as the top losers of the day.

The Nifty IT index closed 0.87 per cent up at 29849.3.

Benchmark NSE Nifty50 index ended down 20.55 points at 18329.15, while the BSE Sensex stood down 170.89 points at 61624.15.

Among the 50 stocks in the Nifty index, 25 ended in the green, while 24 closed in the red.

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

Shares of Phantom Digital Effects Ltd., , GSS Infotech, Bros. and hit their fresh 52-week highs in today's trade, while ., , , United Drilling and hit their fresh 52-week lows.

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