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    Stock market update: Nifty IT index advances 0.59% in a weak market

    Synopsis

    The Nifty IT index was trading 0.59 per cent up at 29195.9.

    A broker watches a TV news channel as another monitors share prices at a brokerage firm in MumbaiReuters
    On an immediate basis, 15,770/52,500 and 15,850/52,700 levels would be major hurdles.

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    NEW DELHI: The Nifty IT index traded positive around 11:20AM(IST)on Wednesday in a weak market.

    Larsen & Toubro Infotech(up 2.05 per cent), Mindtree(up 1.74 per cent), MPhasis(up 1.37 per cent), Coforge(up 0.71 per cent) and Tech Mahindra(up 0.55 per cent) were among the top gainers.

    L&T Technology(down 0.27 per cent) were the top losers on the index.

    The Nifty IT index was up 0.59 per cent at 29195.9 at the time of writing this report.

    Benchmark NSE Nifty50 index was down 113.25 points at 17232.2, while the BSE Sensex was down 324.82 points at 57811.54.

    Among the 50 stocks in the Nifty index, 11 were trading in the green, while 39 were in the red.

    Shares of Zomato Ltd., YES Bank, Vodafone Idea, Tata Steel and IDFC First Bank were among the most traded shares on the NSE.

    Shares of Navneet Education, FIEM Industries, International Constructions Ltd., Dynamic Cables and Party Cruisers Ltd. hit their fresh 52-week highs in today's trade, while Birla Tyres, SKP Bearing Industries Ltd., Melstar Info, Karda Const and GSK Pharma hit fresh 52-week lows in trade.



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    (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.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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