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

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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

,

,

,

and ONGC were among the most traded shares on the NSE.

Shares of

,

,

,

and

hit their fresh 52-week highs in today’s trade, while

,

,

, Star Health and

hit fresh 52-week lows in trade.