INSUBCONTINENT EXCLUSIVE:
Authors: JordanNEW DELHI: The Nifty IT index was trading choppy during Monday's trade
Around 11:15 am (IST), the Nifty IT index was trading 0.15 per cent down at 13,433 with Tata Elxsi (down 2.49 per cent) and Tata
Consultancy Services (down 1.10 per cent) as the top losers
Shares of Tech Mahindra (down 0.31 per cent), KPIT Technologies (down 0.26 per cent) and HCL Technologies (down 0.14 per cent) were also in
the red.
On the other hand, shares of OFSS (up 1.20 per cent), Mindtree (up 0.88 per cent), Wipro (up 0.85 per cent), Infibeam Incorporation
(up 0.80 per cent) and Infosys (up 0.50 per cent) were in the green around the same time.
Equity markets were trading up on fresh buying by
domestic institutional investors amid a strengthening rupee.
The NSE Nifty50 index was up 39 points at 10,657, while the BSE Sensex was up
127 points at 35,042.
Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red
Hindalco Industries (up 2.92 per cent), Vedanta (up 2.08 per cent), Titan Company (up 2.08 per cent), Zee Entertainment Enterprises (up
1.90 per cent) and Axis Bank (up 1.87 per cent) were among the top gainers in the Nifty index.
However, Lupin (down 2.99 per cent), Dr
Reddy's Laboratories (down 1.93 per cent), Coal India (down 1.70 per cent), Sun Pharmaceutical Industries (down 1.70 per cent) and Tata
Consultancy Services (down 1.16 per cent) were among the top losers in the Nifty pack.
