logo
Stock market update: Nifty IT index  advances  0.81% in  an upbeat  market

Stock market update: Nifty IT index advances 0.81% in an upbeat market

Time of India29-05-2025
NEW DELHI: The Nifty IT index traded positive around 10:29AM(IST)on Thursday in an upbeat market.
LTIMindtree Ltd.(up 2.02 per cent), Persistent Systems Ltd.(up 1.19 per cent), Infosys Ltd.(up 1.18 per cent), Coforge Ltd.(up 0.99 per cent) and Wipro Ltd.(up 0.69 per cent) were among the top gainers.
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
'5월 한정, 직장인 대상 대출 가능 여부 무료 조회 급증' 신청 몰려 조기 마감 우려
직장인 대출 센터
더 읽기
Undo
Oracle Financial Services Software Ltd.(down 0.13 per cent) were the top losers on the index.
Play Video
Pause
Skip Backward
Skip Forward
Unmute
Current Time
0:00
/
Duration
0:00
Loaded
:
0%
0:00
Stream Type
LIVE
Seek to live, currently behind live
LIVE
Remaining Time
-
0:00
1x
Playback Rate
Chapters
Chapters
Descriptions
descriptions off
, selected
Captions
captions settings
, opens captions settings dialog
captions off
, selected
Audio Track
Picture-in-Picture
Fullscreen
This is a modal window.
Beginning of dialog window. Escape will cancel and close the window.
Text
Color
White
Black
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Text Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Transparent
Caption Area Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Transparent
Semi-Transparent
Opaque
Font Size
50%
75%
100%
125%
150%
175%
200%
300%
400%
Text Edge Style
None
Raised
Depressed
Uniform
Drop shadow
Font Family
Proportional Sans-Serif
Monospace Sans-Serif
Proportional Serif
Monospace Serif
Casual
Script
Small Caps
Reset
restore all settings to the default values
Done
Close Modal Dialog
End of dialog window.
The Nifty IT index was up 0.81 per cent at 37769.9 at the time of writing this report.
Benchmark NSE Nifty50 index was up 32.55 points at 24785.0, while the BSE Sensex was up 138.72 points at 81451.04.
Live Events
Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red.
Shares of Vodafone Idea, IFCI, MMTC, Sagility India and Reliance Power were among the most traded shares on the NSE.
Shares of IFB Agro, Quality Power Electr, Shree Global, Shanti Overseas and AXISCADES Engg Tech hit their fresh 52-week highs in today's trade, while Lasa Supergenerics, Bharat Rasayan, Orchid Pharma, Borana Weaves and Navkar Builders hit fresh 52-week lows in trade.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why did this smallcap civil construction company's stock rise 7% in trade?
Why did this smallcap civil construction company's stock rise 7% in trade?

Business Standard

time19 minutes ago

  • Business Standard

Why did this smallcap civil construction company's stock rise 7% in trade?

Ahluwalia Contracts (India) shares jumped 7.2 per cent on Tuesday, registering an intraday high at ₹1,114 per share. At 12:40 PM, Ahluwalia Contracts share price was trading higher by 6.21 per cent at ₹1,102.8 per share on the BSE. In comparison, the BSE Sensex was up 0.51 per cent at 82,669.10. The company's market capitalisation stood at ₹7,387.39 crore. The 52-week high of the stock was at ₹1,491.55 per share and the 52-week low of the stock was at ₹620.65 per share. Why were Ahluwalia Contracts shares in demand? The buying on the counter came after the company secured an order worth around ₹2,089 crore. The company, under the contract, will carry out structuring and rough finishing works for "The Dahlias" DLF5, Gurugram". The contract falls under the housing project (Residential) category and has to be completed within 44 months. According to DLF Dahlias' official website, DLF Dahlias is the next upcoming ultra-luxury residential by DLF. The project is situated on Golf Course Road, Gurgaon. This super luxury project location is R16, DLF 5, Sector 54, Gurgaon. The residents can access DLF Golf and Country Club. This project will be a landmark of the decade by the Dlf. The builder is ready to give another super luxury address to its clients in Gurgaon. Besides, in June 2025, Ahluwalia Contracts bagged two major construction orders worth over ₹1,100 crore. The first contract, valued at ₹821 crore (excluding GST), was awarded by Whiteland Corporation Pvt. Ltd for the construction of 'Urban Resort', comprising seven residential towers at Sector-103 in Gurugram. The project is slated for completion in 36 months and is part of a large-scale housing development. The second order came from Nestled Haven Estates Private Limited and Maia Estates Private Limited for civil structure and architectural finishing work at "The Beacon" in Bengaluru. This group housing project, estimated at ₹282.56 crore (excluding GST), is to be executed within 32 months. Both orders are domestic and do not fall under related party transactions. About Ahluwalia Contracts (India) Ahluwalia Contracts (India) Limited is among the leading Indian engineering, procurement, and construction (EPC) companies with over five decades of expertise in civil construction. Headquartered in New Delhi, the company has built a strong nationwide presence, delivering large-scale residential, commercial, institutional, and industrial projects, including hospitals, hotels, IT parks, and urban infrastructure.

Tesla Launches First Showroom in India at Mumbai's BKC
Tesla Launches First Showroom in India at Mumbai's BKC

Time of India

time30 minutes ago

  • Time of India

Tesla Launches First Showroom in India at Mumbai's BKC

/ Jul 15, 2025, 12:52PM IST Tesla has officially debuted in India with the launch of its premium Model Y electric SUV, starting at ₹60.1 lakh. The company opened its first showroom today at Mumbai's upscale Maker Maxity Mall in BKC, attended by VIPs including Maharashtra CM Devendra Fadnavis. The Model Y will be imported from China in two variants, with prices much higher than in other markets due to steep Indian import duties. Tesla is targeting urban luxury buyers while laying the groundwork for logistics, service, and charging infrastructure. With India pushing to make 30% of all car sales electric by 2030, Tesla's entry adds prestige to the sector but raises questions about affordability and localization. Will Tesla manufacture in India? Maharashtra hopes so. For now, Tesla's entry is about brand, visibility, and elite EV market share, not volume.#tesla #elonmusk #electricvehicles #teslaindia #teslainindia #teslamodely #mumbaishowroom #electricvehicles #evindia #devendrafadnavis #luxurycars #toi #toibharat #bharat #trending #breakingnews #indianews

Nifty, Sensex reversed 4-day fall trend in opening, CPI inflation at 77-month low added optimism
Nifty, Sensex reversed 4-day fall trend in opening, CPI inflation at 77-month low added optimism

India Gazette

time38 minutes ago

  • India Gazette

Nifty, Sensex reversed 4-day fall trend in opening, CPI inflation at 77-month low added optimism

Mumbai (Maharashtra) [India], July 15 (ANI): Indian equity markets opened higher on Tuesday, staging a mild recovery after four consecutive sessions of losses, the longest losing streak since March. The Nifty 50 index opened at 25,129.70 with a gain of 36.30 points or 0.14 per cent, while the BSE Sensex index surged to 82,338.94, gaining 85.48 points or 0.10 per cent. The rebound comes as a relief to investors following recent volatility, with the broader market indices showing strength. The Nifty Midcap 100 rose by 0.57 per cent, while the Nifty Smallcap 100 gained 0.82 per cent. The Nifty 100 also opened higher, up by 0.29 per cent, reflecting broad-based buying. The global backdrop also contributed to the recovery in Indian markets. US markets ended mildly positive. This followed stronger-than-expected economic data from China, where GDP grew by 5.2 per cent in the second quarter, highlighting ongoing economic resilience. Ajay Bagga Banking and Market told ANI 'Indian markets recovered from session lows on Monday in a sign that the 4 day fall, the first since March, may be coming to an end. The broader indices were up in contrast to the negative leader board indices. The global outlook is resilient today. We expect Indian markets to show some strength here on as multiyear low CPI provides more space for future rate cuts and the macro remains, well, resilient'. In India sectoral indices on the NSE mirrored the positive sentiment, with all major sectors opening in the green. Nifty Media led the gains, opening 1 per cent higher. Nifty Auto climbed 0.68 per cent, Nifty IT added 0.31 per cent, Nifty FMCG rose 0.22%, and Nifty Pharma and Nifty PSU Bank gained 0.22 per cent and 0.28 per cent, respectively. The Nifty Realty index was also up, posting a gain of 0.48 per cent. Despite ongoing noise around Trump Tariffs, markets appear to be taking the rhetoric in stride. Investor focus has shifted to upcoming earnings from major US banks and economic data releases. Experts noted that the US Consumer Price Index (CPI) is expected to show a mild upswing in inflation, while the Producer Price Index (PPI), due on Wednesday, may provide insights into supply chain impacts from the new tariffs. Meanwhile, safe-haven assets like gold and silver witnessed mild declines after posting smart gains in recent days, reflecting improved risk appetite among investors. Back home, Akshay Chinchalkar, Head of Research at Axis Securities, commented on the market technical and said 'The nifty ended down yesterday in what became its fourth straight daily loss. Technically speaking, yesterday's candle held support at 25000 and then bounced enough to generate a large-sized lower shadow -- that adds to evidence that the 25000 area matters. That said, unless and until the index records at least one daily close above 25340, near-term bulls need to remain cautious. This is because a drop into the 24800 - 24900 area still has decent chances.' In other Asian markets, barring South Korea's KOSPI, indices were trading with gains. Taiwan's Weighted Index surged 0.65 per cent, Hong Kong's Hang Seng was up 0.20 per cent, and Singapore's Straits Times rose 0.12 per cent at the time of filing this report. (ANI)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store