Stock market update: Nifty IT index advances 0.33% in an upbeat market
ETMarkets.com June 05, 2025 05:03 PM
Synopsis

The Nifty IT index was trading 0.33 per cent up at 37060.2.

Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
NEW DELHI: The Nifty IT index traded positive around 11:15AM(IST)on Thursday in an upbeat market.

Coforge Ltd.(up 2.47 per cent), Oracle Financial Services Software Ltd.(up 1.97 per cent), Persistent Systems Ltd.(up 1.11 per cent), HCL Technologies Ltd.(up 0.66 per cent) and LTIMindtree Ltd.(up 0.47 per cent) were among the top gainers.

MphasiS Ltd.(down 0.67 per cent), Tech Mahindra Ltd.(down 0.16 per cent) and Infosys Ltd.(down 0.13 per cent) were the top losers on the index.

The Nifty IT index was up 0.33 per cent at 37060.2 at the time of writing this report.

Benchmark NSE Nifty50 index was up 85.71 points at 24705.9, while the BSE Sensex was up 281.4 points at 81279.65.

Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red.

Shares of Vodafone Idea, Reliance Power, Suzlon Energy, Eternal and YES Bank were among the most traded shares on the NSE.

Shares of NDR Auto Components, Ginni Filaments, Welspun Corp, Welspun Investments and Krishana Phoschem hit their fresh 52-week highs in today's trade, while Navkar Builders, Axita Cotton, Prostarm Info System, Flexituff Ventures and Pansari Developers hit fresh 52-week lows in trade.
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