The Nifty IT index ended the day on a positive note, rising by 149.90 points or 0.36% to close at 41,912.50. Out of 10 stocks in the index, 6 advanced, and 4 declined, indicating a mixed performance across the IT sector.
Top Gainers:
- Coforge Ltd (COFORGE): The highest gainer of the session was Coforge, which rose by 1.06%, closing at ₹7,135, a gain of ₹74.85. The stock saw a trading volume of over 5.3 lakh shares.
- Infosys Ltd (INFY): Infosys registered a rise of 1.51%, closing at ₹1,922. This marked a gain of ₹28.60 with a high trading volume of around 1 crore shares, making it one of the most actively traded stocks in the Nifty IT index.
- Tech Mahindra Ltd (TECHM): TECHM also performed well, ending the session with an increase of 0.56%, closing at ₹1,613. The stock traded around 29.2 lakh shares during the session.
- Tata Consultancy Services (TCS): TCS closed at ₹4,251.90, up by ₹19.15 or 0.45%. The volume traded was around 29.6 lakh shares.
- Wipro Ltd (WIPRO): Wipro saw a modest increase, closing at ₹533.60, a gain of ₹3.45 or 0.65%. The trading volume stood at around 59.6 lakh shares.
- HCL Technologies Ltd (HCLTECH): HCLTECH witnessed a slight increase, ending at ₹1,782.25, with a gain of ₹3.70 or 0.21%.
Top Losers:
- Persistent Systems (PERSISTENT): The most significant loser of the day was Persistent, which dropped by 1.91%, closing at ₹5,149, a decline of ₹100.45.
- LTIMindtree Ltd (LTIM): LTIM faced a drop of 1.19%, ending at ₹6,110, with a decline of ₹73.85.
- Mphasis Ltd (MPHASIS): Mphasis closed lower at ₹2,860, a drop of ₹61 or 2.09%.
- L&T Technology Services Ltd (LTTS): LTTS ended the session at ₹5,082.90, down by ₹17.05 or 0.33%.
Overall, the Nifty IT index demonstrated resilience with more gainers than losers, showing moderate growth in comparison to the broader market indices. The gains in Infosys and Coforge supported the index in closing on a positive note for the session.
TOPICS:
Nifty IT