Stock Market

Share market update: IT stocks up 1%; NIIT Technologies surges 4%

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NEW DELHI: The Nifty IT index was trading 0.89 per cent up at 14,669.1 around 10:00 am on Monday with all of its components trading in the green amid a fresh fall in Indian rupee against the US dollar.

Shares of NIIT Technologies (up 3.83 per cent), Infibeam Avenues (up 2.57 per cent), MindTree (up 2.55 per cent), Tata Elxsi (up 1.79 per cent) and Tech Mahindra (up 1.10 per cent)were the top gainers in the index. Infosys (up 0.88 per cent), Tata Consultancy Services (up 0.80 per cent), HCL Technologies (up 0.53 per cent) and Oracle Financial Services Software (up 0.35 per cent), too, were among the top performers. Benchmark NSE Nifty50 index was down 44.40 points at 10428.1 while BSE Sensex was down 119.3 points at 34614.28 at that time. Among the 50 stocks in Nifty index, 18 were trading in the green, while 32 were in the red.

Shares of YES Bank, HPCL, ICICI Bank, ITC, Idea Cellular, Ashok Leyland, Tata Motors, Bank of Baroda, Indian Oil Corp and SBI were among most traded stocks on the NSE.




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Category: Stock Market


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