Stock market update: IT shares advance; TCS gains over 1%

IT-gettyNEW DELHI: IT shares were trading in the positive zone in Thursday’s morning session.

Shares of Tata Consultancy Services (up 1.31 per cent), NIIT TechnologiesNSE 0.21 % (up 1.26 per cent), InfosysNSE 0.75 % (up 0.94 per cent) and Wipro (up 0.70 per cent) were trading with gains.

Mindtree (up 0.33 per cent), HCL Technologies (up 0.33 per cent), Infibeam Avenues (up 0.21 per cent) and Tech Mahindra (up 0.01 per cent) too were trading higher.

The Nifty IT index was trading 0.76 per cent up at 15,986.05 around 10:09 am.

Benchmark NSE Nifty50 index was up 49.15 points at 11,910.25 while the BSE Sensex was up 188.09 points at 39,690.14.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.

Shares of Vodafone Idea, YES Bank, PC Jeweller, Adani Power, PNB, BEL, Rail Vikas Nigam, PowerGrid, SBI and GMR Infra were among the most traded shares on the National Stock Exchange.