Stock market update: IT stocks rise; Wipro, Infosys among top gainers in Nifty IT index

NEW DELHI: Most IT stocks were trading with gains in Wednesday's session amid a fresh fall in rupee against the US dollar.
The Nifty IT was trading 0.51 percent up at 16,075 around 11:45 am.
Shares of Oracle Financial Services Software (up 1.58 percent), Wipro (up 1.13 percent), Tata Elxsi (up 0.80 percent) and Infosys (up 0.80 percent) were the top gainers in the IT index.
Infibeam Avenues (up 0.60 per cent), HCL Technologies (up 0.37 per cent), Tata Consultancy Services (up 0.25 per cent), Mindtree (up 0.17 per cent) and KPIT Technologies (up 0.07 per cent) were also in the green.
However, Tech Mahindra (down 0.16 percent) was in the red around that time.
Benchmark NSE Nifty50 index was up 25 points at 11,312, while the BSE Sensex was up 111 points at 37,524.
Among the 50 stocks in the Nifty index, 25 were trading in the green, while 25 were in the red.
ITC, PowerGrid, Hindustan Unilever, Sun Pharma, and Kotak Mahindra Bank were among the top Nifty gainers.
HPCL, Indian Oil Corporation, Tata Motors, BPCL, and Mahindra & Mahindra were among the top losers in the Nifty index.

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