Stock market update: Nifty IT index advances 0.03% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 11:23AM(IST)on Friday in an upbeat market.

MphasiS Ltd.(up 0.68 per cent), Coforge Ltd.(up 0.66 per cent), Tech Mahindra Ltd.(up 0.27 per cent), Wipro Ltd.(up 0.21 per cent) and Tata Consultancy Services Ltd.(up 0.17 per cent) were among the top gainers.

HCL Technologies Ltd.(down 0.46 per cent), Persistent Systems Ltd.(down 0.37 per cent), LTIMindtree Ltd.(down 0.13 per cent), Infosys Ltd.(down 0.12 per cent) and Oracle Financial Services Software Ltd.(down 0.05 per cent) were the top losers on the index.

The Nifty IT index was up 0.03 per cent at 37118.65 at the time of writing this report.

Benchmark NSE Nifty50 index was up 218.1 points at 24969.0, while the BSE Sensex was up 654.92 points at 82096.96.

Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red.

Shares of Vodafone Idea, Reliance Power, YES Bank, Suzlon Energy and IDFC First Bank were among the most traded shares on the NSE.

Shares of Indef Manufacturing, Manaksia Coated, Peria Karamalai Tea, Federal Mogul and HDFC AMC hit their fresh 52-week highs in today's trade, while Shree Ram Proteins, Navkar Builders, Prostarm Info System, BSL Ltd and Visa Steel Ltd hit fresh 52-week lows in trade.