Stock market update: IT shares mixed; Tech Mahindra climbs 5%

IT-BCCL

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

Shares of Tech Mahindra (up 4.81 per cent) , Tata ElxsiNSE 1.78 % (up 1.77 per cent) , InfosysNSE 0.73 % (up 0.90 per cent) and Oracle Financial Services Software (up 0.30 per cent) were the top performers in the index.

NIIT Technologies (down 0.87 per cent) , Wipro (down 0.80 per cent) , Tata Consultancy Services (down 0.63 per cent) and Infibeam Avenues (down 0.38 per cent) were trading lower.

The Nifty IT index was trading 0.43 per cent up at 16,099.65 around 10:01 am.

Benchmark NSE Nifty50 index was up 48.75 points at 10,896.65 while the BSE Sensex was up 183.48 points at 36,827.90.

Among the 50 stocks in the Nifty index, 34 were trading in the green, while 15 were in the red.

Shares of YES Bank, Dish TV India, Tata Motors, Indiabulls Housing Finance, JSPL, Bank of Baroda, DLF, PNB and Ashok Leyland were among the most traded shares on the NSE.

[“source=economictimes”]