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Sunday, March 7, 2021

Stock market update: Nifty IT index jumps 3%; TCS leaps 7%

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NEW DELHI: Nifty IT index was trading with gains at 01:44PM (IST) on Monday.

Shares of Tata Consultancy (up 6.64 per cent) , Wipro (up 6.29 per cent) , Infosys (up 2.36 per cent) , Mindtree (up 1.76 per cent) and Tech Mahindra (up 1.46 per cent) were among the top gainers.

While Info Edge (India) (down 1.46 per cent) and MPhasis (down 0.17 per cent) were the top losers in the index.

The Nifty IT index was trading 3.2 per cent up at 20753.0 around 01:44PM.

Benchmark NSE Nifty50 index was up 86.80 points at 11503.75, while the BSE Sensex was up 304.81 points at 39001.86.

Among the 50 stocks in the Nifty index, 27 were trading in the green, while 23 were in the red.

Shares of Vodafone Idea, Trident Ltd, IDFC First Bank Ltd., YES Bank and IndusInd Bank were among the most traded shares on the NSE.

Shares of Computer Age Management Services Ltd., Indiabulls Ventures (PP), Tata Elxsi, TCS and Wipro hit their fresh 52-week high in today’s trade, while Uniinfo Telecom Services Ltd., Banka Bioloo Ltd., S & S Power Switchgear Ltd., Eon Electric Ltd., Motor & General Finance Ltd., Osia Hyper Retail Ltd., Laurus Labs Ltd. and Consolidated Construction Consortium Ltd. hit fresh 52-week low in trade.

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