Stock market update: Nifty IT index advances 0.46% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 11:11AM(IST)on Wednesday in an upbeat market.

Coforge(up 1.6 per cent), Persistent Systems(up 0.73 per cent), Infosys(up 0.63 per cent), MPhasis(up 0.59 per cent) and Tech Mahindra(up 0.51 per cent) were among the top gainers.

LTIMindtree Ltd(down 0.18 per cent) were the top losers on the index.

The Nifty IT index was up 0.46 per cent at 28807.5 at the time of writing this report.

Benchmark NSE Nifty50 index was up 33.8 points at 17756.1, while the BSE Sensex was up 68.89 points at 60226.61.

Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red.

Shares of Reliance Power, BHEL, Trident Ltd, YES Bank and ICICI Bank were among the most traded shares on the NSE.

Shares of Technocraft Ind, Srivasavi Adhesive Tapes Ltd., Vardhman Poly, Venus Pipes & Tubes Ltd. and Aarti Surfactants(PP)hit their fresh 52-week highs in today's trade, while Nirman Agri Genetics, Seya Industries, Goldstar Power, Latteys Industries and India Glycols hit fresh 52-week lows in trade.