IT stocks update: LTIM up 1.94%, Coforge gains 1.23%, Wipro down 1.24%

The information technology sector showcased mixed movements by mid-afternoon, with several stocks seeing notable gains while others dipped. Here are the key updates on IT stocks as of 2:38 PM:

Top Gainers:

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  • LTIMindtree (LTIM) led the gains, with the stock rising by 1.94% to ₹6376.35, driven by positive investor sentiment.
  • Coforge saw a notable increase of 1.23%, reaching ₹7296.60, reflecting strong buying interest.
  • Persistent Systems gained 1.03%, with its shares trading at ₹5284.00.
  • Mphasis experienced a rise of 0.70%, pushing the stock price to ₹2894.45.
  • Infosys (INFY) climbed 0.73%, trading at ₹1948.50.
  • Tech Mahindra (TECHM) moved up by 0.52%, reaching ₹1626.90.
  • L&T Technology Services (LTTS) recorded a slight uptick of 0.02%, with its shares at ₹5147.05.

Top Losers:

  • Wipro experienced a decline of 1.24%, trading at ₹524.85, being one of the top underperformers in the IT sector.
  • HCL Technologies (HCLTECH) fell by 0.15%, with its shares priced at ₹1774.25.
  • Tata Consultancy Services (TCS) also saw a dip of 0.47%, trading at ₹4252.80.

Disclaimer: Stock investments are subject to market risks. Please do your research or consult with a financial advisor before investing. This information is for informational purposes only and should not be interpreted as financial advice.