Stock market update: IT stocks gain; MPhasis climbs 2%

Stock market update: IT stocks gain; MPhasis climbs 2%

NEW DELHI: IT stocks were trading on a positive note at 01:59PM (IST) on Tuesday.

Shares of MPhasis (up 1.99 per cent), Tata Consultancy (up 1.41 per cent), Info Edge (India) (up 1.35 per cent), Mindtree (up 0.24 per cent) and Coforge (up 0.2 per cent) were among the top gainers.

While HCL Technologies (down 0.87 per cent), Larsen & Toubro Infotech (down 0.59 per cent), Wipro (down 0.38 per cent) and Tech Mahindra (down 0.17 per cent) were the top losers in the index.

The Nifty IT index was trading 0.47 per cent up at 24881.75 around 01:59PM.

Benchmark NSE Nifty50 index was up 58.00 points at 14733.7, while the BSE Sensex was up 117.85 points at 49862.17.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.

Shares of Vodafone Idea, PNB, Tata Motors, ONGC and SAIL were among the most traded shares on the NSE.

Shares of Hind Copper, Aditya Birla Capital, Hindalco Industries, Tanla Solutions and Hindustan Foods hit their fresh 52 week high in today’s trade, while Sanwaria Consumer Ltd., Silver Touch Technologies Ltd., Marine Electricals (India) Ltd., Globe Textiles (India) Ltd., Mask Investments Ltd., Shradha Infraprojects Ltd., Thomas Scott (India) Ltd. and Sri Adhikari Brothers Television Network Ltd. hit fresh 52 week low in trade.

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