Stock market update: Nifty IT index advances 0.37% in an upbeat market

NEW DELHI: The Nifty IT index traded positive around 10:09AM(IST)on Wednesday in an upbeat market.

Tech Mahindra Ltd.(up 0.95 per cent), MphasiS Ltd.(up 0.79 per cent), Tata Consultancy Services Ltd.(up 0.47 per cent), Wipro Ltd.(up 0.35 per cent) and Infosys Ltd.(up 0.29 per cent) were among the top gainers.

Oracle Financial Services Software Ltd.(down 0.08 per cent) were the top losers on the index.

The Nifty IT index was up 0.37 per cent at 37420.95 at the time of writing this report.

Benchmark NSE Nifty50 index was up 168.3 points at 24852.2, while the BSE Sensex was up 571.22 points at 81757.66.

Among the 50 stocks in the Nifty index, 44 were trading in the green, while 6 were in the red.

Shares of Vodafone Idea, BEL, YES Bank, Eternal and NHPC were among the most traded shares on the NSE.

Shares of SecMark Consultancy, Gabriel India, AB Infrabuild, Stampede Cap(DVR)and Ishan Dyes Chem hit their fresh 52-week highs in today's trade, while Music Broadcast, Future Enterprises (DVR), Gayatri Highways, Vinny Overseas and Sakuma Exports hit fresh 52-week lows in trade.