IT stocks displayed a mixed performance during intraday trading as of 11:21 AM, with several key stocks posting gains while others traded in the red.
Key Performances:
- Coforge: Surged 3.26%, trading at ₹9,289.75, leading the IT sector rally.
- Tech Mahindra: Up 1.34%, trading at ₹1,786.50.
- LTIMindtree: Gained 1.06%, trading at ₹6,668.35.
- Infosys: Advanced 0.98% to ₹1,993.45.
- TCS: Rose 0.89%, trading at ₹4,467.00.
- Persistent Systems: Up 0.81%, trading at ₹6,411.25.
- Wipro: Marginally higher by 0.78% at ₹311.40.
- Mphasis: Increased 0.61% to ₹3,204.10.
- Tata Technologies: Up 0.48%, trading at ₹947.70.
- L&T Technology Services (LTTS): Gained 0.46%, trading at ₹5,394.75.
- HCLTech: Up 0.13%, trading at ₹1,933.45.
Declining Stocks:
- Tata Elxsi: Down 0.04%, trading at ₹7,347.50.
- KPIT Technologies: Declined 0.18% to ₹1,546.10.
- Oracle Financial Services Software (OFSS): Dropped 0.33% to ₹12,206.10.
Broader Market Overview:
- Sensex: Fell by 72.31 points (-0.09%) to 81,453.83.
- Nifty: Declined 38.95 points (-0.16%) to 24,602.85.
The IT sector’s performance reflects selective buying in major names, with Coforge, Tech Mahindra, and LTIMindtree leading the gains, while OFSS and Tata Elxsi faced pressure.
Disclaimer: This article is for informational purposes only and should not be considered financial advice.