Stock market update: IT shares advance; Tech Mahindra up 1%


NEW DELHI: IT shares were trading with gains in Monday’s morning session.

Shares of Tech Mahindra (up 1.51 per cent) , Oracle Financial Services SoftwareNSE -1.95 % (up 1.35 per cent) , NIIT TechnologiesNSE 1.48 % (up 1.04 per cent) and HCL Technologies (up 0.63 per cent) were trading in the green.

Infibeam Avenues (up 0.33 per cent) , Tata Elxsi (up 0.27 per cent) and Mindtree (up 0.24 per cent) too were trading higher.

The Nifty IT index was trading 0.10 per cent up at 15,485.95 around 10:00 am.

Benchmark NSE Nifty50 index was up 54 points at 11,944.60 while the BSE Sensex was up 146 points at 40,311.03.

Among the 50 stocks in the Nifty index, 35 were trading in the green, while 15 were in the red.

Shares of YES Bank, Vodafone Idea, SAIL, Tata Motors, Adani Power, PNB, JSPL, SBI, Vedanta and Tata Steel were among the most traded shares on the NSE.