Stock market update: IT shares gain; TCS rises over 1%

IT-gettyNEW DELHI: IT shares were trading in the positive zone in Monday’s morning session.

Shares of Tata Consultancy Services (up 1.04 per cent), HCL TechnologiesNSE 2.07 % (up 0.97 per cent) and WiproNSE 1.71 % (up 0.79 per cent) and NIIT Technologies (up 0.22 per cent) were trading with gains.

Oracle Financial Services Software (up 0.14 per cent), Tata Elxsi (up 0.09 per cent) and Infosys (up 0.09 per cent) too were trading higher.

The Nifty IT index was trading 0.47 per cent up at 16,237.40 around 10:10 am.

Benchmark NSE Nifty50 index was up 44.15 points at 11,966.95 while the BSE Sensex was up 155.44 points at 39,869.64.

Among the 50 stocks in the Nifty index, 33 were trading in the green, while 17 were in the red.

Shares of NCC, Vodafone Idea, YES Bank, Indian Oil Corp, PNB, Tata Motors, GMR Infra, Bank of Baroda, Ashok Leyland and ITC were among the most traded shares on the NSE.