Hike in IT shares
1 min read
In Tuesday’s session, IT shares were in the green zone.
The top gainers are- shares of Info Edge (India) (up 3.89%), MPhasis (up 3.%), Tata Consultancy (up 2.27%), NIIT Technologies (up 2.23%), Infosys (up 1.51%), HCL Technologies (up 0.7%) and Tech Mahindra (up 0.44%).
The Nifty IT index was trading 1.0% up at 13594.05 around 12:13 PM.
Markets rebounded from day’s lows on buying in FMCG, IT and auto stocks. However, bank, financial, pharma and metal counters were still under pressure.
Benchmark NSE Nifty50 index was down 26 points at 10,775, while the BSE Sensex was 28 points down at 35,516.
Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red.
Hindustan Unilever, Wipro and YES Bank were leading the pack of Nifty gainers.
On the other hand, Hindalco Industries, UltraTech Cement and Cipla were among the top losers in the Nifty index.
