Stock market update: Nifty IT index falls 0.54% in an upbeat market

NEW DELHI: The Nifty IT index traded negative around 10:55AM(IST)on Friday in an upbeat market.

HCL Technologies(up 0.19 per cent) were among the top gainers.

Coforge(down 1.95 per cent), MPhasis(down 1.49 per cent), Larsen & Toubro Infotech(down 1.43 per cent), Mindtree(down 1.34 per cent) and Infosys(down 0.85 per cent) were the top losers on the index.

The Nifty IT index was down 0.54 per cent at 27875.35 at the time of writing this report.

Benchmark NSE Nifty50 index was up 111.25 points at 15667.9, while the BSE Sensex was up 350.6 points at 52616.32.

Among the 50 stocks in the Nifty index, 36 were trading in the green, while 14 were in the red.

Shares of Vodafone Idea, YES Bank, IDFC First Bank, Suzlon Energy and ONGC were among the most traded shares on the NSE.

Shares of Sterling Tools, Voltamp Trans, Avro India, Kohinoor Foods and Regency Ceramic hit their fresh 52-week highs in today's trade, while Vaxtex Cotfab, Rollatainers Ltd, Vikas WSP, Star Health and Dharani Sugars hit fresh 52-week lows in trade.