logo

Stock market update: Nifty IT index advances 0.37% in an upbeat market

Economic Times21-05-2025
NEW DELHI: The Nifty IT index traded positive around 10:09AM(IST)on Wednesday in an upbeat market.
ADVERTISEMENT Tech Mahindra Ltd.(up 0.95 per cent), MphasiS Ltd.(up 0.79 per cent), Tata Consultancy Services Ltd.(up 0.47 per cent), Wipro Ltd.(up 0.35 per cent) and Infosys Ltd.(up 0.29 per cent) were among the top gainers.
Oracle Financial Services Software Ltd.(down 0.08 per cent) were the top losers on the index.
The Nifty IT index was up 0.37 per cent at 37420.95 at the time of writing this report. Benchmark NSE Nifty50 index was up 168.3 points at 24852.2, while the BSE Sensex was up 571.22 points at 81757.66. Among the 50 stocks in the Nifty index, 44 were trading in the green, while 6 were in the red.
ADVERTISEMENT Shares of Vodafone Idea, BEL, YES Bank, Eternal and NHPC were among the most traded shares on the NSE.
Shares of SecMark Consultancy, Gabriel India, AB Infrabuild, Stampede Cap(DVR)and Ishan Dyes Chem hit their fresh 52-week highs in today's trade, while Music Broadcast, Future Enterprises (DVR), Gayatri Highways, Vinny Overseas and Sakuma Exports hit fresh 52-week lows in trade.
(You can now subscribe to our ETMarkets WhatsApp channel)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Two Trades for Today: An auto ancillary firm for close to 9% surge, a mid-cap engineering stock for almost 6% gain
Two Trades for Today: An auto ancillary firm for close to 9% surge, a mid-cap engineering stock for almost 6% gain

Economic Times

time5 hours ago

  • Economic Times

Two Trades for Today: An auto ancillary firm for close to 9% surge, a mid-cap engineering stock for almost 6% gain

Consolidation continued in the markets as the Nifty stayed in a capped range, as it ended Friday with a minor gain. The Nifty opened on a positive note and traded in a narrow range in the it experienced modest selling pressure in the afternoon, which pushed it into negative territory. But following a spurt in the late afternoon session, the headline Index went on to close with a gain of 55.70 points (+0.22%).This auto ancillary FONT SIZE SAVE PRINT COMMENT

Street Signs: Markets teeter on edge, Nuvama's unintended fall, and more
Street Signs: Markets teeter on edge, Nuvama's unintended fall, and more

Business Standard

time5 hours ago

  • Business Standard

Street Signs: Markets teeter on edge, Nuvama's unintended fall, and more

Shares of Nuvama Wealth Management, majority-owned by private equity (PE) firm PAG, fell over 10 per cent on Friday Samie Modak Mumbai Listen to This Article Markets teeter on edge: Hammer or hangman? The Nifty 50 index slipped 0.7 per cent last week, snapping a two-week climb. After peaking at 25,662, it closed at 25,461. Caution is likely to set the tone this week, with markets on edge ahead of the July 9 deadline for countries to finalise trade deals with the US. Traders will also be watching volumes closely following the ban on Jane Street, a key player in the derivatives segment. 'The daily chart of the Nifty shows a hammer pattern, typically a bullish reversal signal. Support lies at 25,300, and as long as

Markets set the hoofbeat: MFs run with the bulls to ₹72 trillion
Markets set the hoofbeat: MFs run with the bulls to ₹72 trillion

Business Standard

time5 hours ago

  • Business Standard

Markets set the hoofbeat: MFs run with the bulls to ₹72 trillion

Investor herd came charging back - AUM climbed 7% in Q1 Samie Modak Mumbai Listen to This Article The average assets under management (AUM) at domestic mutual funds (MFs) climbed 7 per cent to ₹72.1 trillion in the three months ending June 2025, snapping two quarters of near-stagnant growth. The uptick was largely driven by a rebound in the equities market. The benchmark Nifty index gained nearly 5 per cent in the April–June quarter (Q1) of 2025–26 (FY26), while broader indices delivered even stronger returns.

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