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Indices: Stock market update: Nifty IT index advances 0.31% in a weak market

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NEW DELHI: The Nifty IT index traded positive around 11:13AM(IST)on Friday in a weak market.

Oracle Financial Services Software Ltd.(up 1.74 per cent), Coforge Ltd.(up 1.1 per cent), Tech Mahindra Ltd.(up 0.67 per cent), Wipro Ltd.(up 0.66 per cent) and LTIMindtree Ltd.(up 0.42 per cent) were among the top gainers.

MphasiS Ltd.(down 0.28 per cent) and Infosys Ltd.(down 0.22 per cent) were the top losers on the index.

The Nifty IT index was up 0.31 per cent at 38579.55 at the time of writing this report.

Benchmark NSE Nifty50 index was down 214.11 points at 24674.1, while the BSE Sensex was down 759.99 points at 80931.99.


Among the 50 stocks in the Nifty index, 7 were trading in the green, while 43 were in the red. Shares of Vodafone Idea, RattanIndia Power, Reliance Power, Suzlon Energy and YES Bank were among the most traded shares on the NSE.

Shares of DB Realty, Oswal Agro Mill, Force Motors, Karur Vysya Bank and Scoda Tubes hit their fresh 52-week highs in today’s trade, while Shree Ram Proteins, Lasa Supergenerics, Bluspring Enterprises Ltd., Keerti Knowledge and Schloss Bangalore hit fresh 52-week lows in trade.



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