Stock market update: IT shares mixed; Infibeam Avenues rises 2%

IT-gettyNEW DELHI: IT shares were trading on a mixed note in Friday’s morning session.

Shares of Infibeam Avenues (up 2.21 per cent), NIIT TechnologiesNSE 0.45 % (up 0.97 per cent), WiproNSE 1.06 % (up 0.65 per cent) and Mindtree (up 0.35 per cent) were the top performers in the index.

Tech Mahindra (down 0.83 per cent), Tata Consultancy Services (down 0.70 per cent), Oracle Financial Services Software (down 0.48 per cent) and Tata Elxsi (down 0.10 per cent) were the top losers in the index.

The Nifty IT index was trading 0.04 per cent down at 16,004.90 around 10:09 am.

Benchmark NSE Nifty50 index was down 1.80 points at 11,841.95 while the BSE Sensex was down 26.68 points at 39,503.04.

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.

Shares of Indiabulls RE, YES Bank, Manappuram Fin, PNB, SBI, Bank of Baroda, SAIL and Ashok Leyland were among the most traded shares on the NSE.