The Economic Times daily newspaper is available online now.

    Stock market update: Nifty IT index advances 0.05% in a weak market

    Synopsis

    The Nifty IT index was trading 0.05 per cent up at 30597.15.

    market-getty-24Getty Images
    Shrikant Chouhan of Kotak Securities said Nifty50 topping the 15,800 mark was completely unexpected.
    NEW DELHI: The Nifty IT index traded positive around 10:39AM(IST)on Wednesday in a weak market.

    MphasiS Ltd.(up 1.19 per cent), Persistent Systems Ltd.(up 1.11 per cent), Wipro Ltd.(up 0.47 per cent), LTIMindtree Ltd.(up 0.38 per cent) and Coforge Ltd.(up 0.2 per cent) were among the top gainers.

    Tech Mahindra Ltd.(down 0.23 per cent), Tata Consultancy Services Ltd.(down 0.23 per cent), Infosys Ltd.(down 0.11 per cent) and HCL Technologies Ltd.(down 0.04 per cent) were the top losers on the index.

    The Nifty IT index was up 0.05 per cent at 30597.15 at the time of writing this report.

    Benchmark NSE Nifty50 index was down 41.4 points at 19038.2, while the BSE Sensex was down 163.23 points at 63711.7.

    Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red.

    Shares of Vodafone Idea, JP Power, YES Bank, IOB and Indian Oil Corp. were among the most traded shares on the NSE.

    Shares of Mazda Ltd, Kapston Facilities, Geojit Financial, Anand Rathi Wealth and JP Associates hit their fresh 52-week highs in today's trade, while Mittal Life Style, Max Estates, Yasho Industries, Nagreeka Capital and Compuage Infocom hit fresh 52-week lows in trade.
    Experience Your Economic Times Newspaper, The Digital Way!
      (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

      Download The Economic Times News App to get Daily Market Updates & Live Business News.

      Top Trending Stocks: Sensex Today Live, SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
      ...more
      The Economic Times

      Stories you might be interested in