Stock market update: Nifty IT index flat 0.0% in a weak market

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NEW DELHI: The Nifty IT index traded flat around 11:26AM(IST)on Monday in a weak market.

Tech Mahindra(up 7.84 per cent) and LTIMindtree Ltd(up 0.23 per cent) were among the top gainers.

MPhasis(down 1.67 per cent), Coforge(down 1.42 per cent), Infosys(down 1.42 per cent), Persistent Systems(down 1.25 per cent) and L&T Technology(down 1.14 per cent) were the top losers on the index.

The Nifty IT index was flat 0.0 per cent at 29546.2 at the time of writing this report.

Benchmark NSE Nifty50 index was down 19.0 points at 17393.9, while the BSE Sensex was down 62.42 points at 59072.71.

Among the 50 stocks in the Nifty index, 21 were trading in the green, while 29 were in the red.

Shares of YES Bank, Suzlon Energy, Vodafone Idea, Adani Power and PNB were among the most traded shares on the NSE.

Shares of Binani Ind, Soma Textiles, Vera Synthetic, Tapi Fruit Processing Ltd. and S Chand & Co hit their fresh 52-week highs in today’s trade, while GRM Overseas, Supreme Engineering, Hester Biosc, Pashupati Cotspin and Brightcom Group hit fresh 52-week lows in trade.