Stock market update: Nifty IT index advances 0.23%

NEW DELHI: The Nifty IT index closed on a positive note on Monday.

Shares of Wipro(up 1.25 per cent), Larsen & Toubro Infotech(up 0.81 per cent), Mindtree(up 0.49 per cent), HCL Technologies(up 0.4 per cent) and L&T Technology(up 0.37 per cent) ended the day as top gainers in the pack.

On the other hand, Coforge(down 0.26 per cent) and Tata Consultancy(down 0.09 per cent) finished as the top losers of the day.

The Nifty IT index closed 0.23 per cent up at 29220.0.

Benchmark NSE Nifty50 index ended up 181.8 points at 17340.05, while the BSE Sensex stood up 545.25 points at 58115.5.

Among the 50 stocks in the Nifty index, 38 ended in the green, while 12 closed in the red.

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

Shares of Metro Brands Ltd., West Coast Paper, Ram Ratna Wire, Andhra Paper and TN Newsprint hit their fresh 52-week highs in today's trade, while Bombay Rayon, Birla Tyres, IMP Powers Ltd, DRC Systems India Ltd. and Aakash Exploration hit their fresh 52-week lows.