Share market update: IT shares mixed; Tech Mahindra down 2%


NEW DELHI: IT shares were trading on a mixed in Monday’s morning session.

Shares of Infibeam AvenuesNSE 7.39 % (up 5.16 per cent), NIIT Technologies (up 0.93 per cent), Wipro (up 0.87 per cent) and Tata Elxsi (up 0.58 per cent) were trading higher.

Tech Mahindra (down 1.98 per cent), InfosysNSE -0.21 %(down 0.88 per cent), HCL Technologies (down 0.02 per cent) and Oracle Financial Services Software (down 0.10 per cent) were trading with losses.

The Nifty IT index was trading 0.14 per cent down at 15,821.90 around 10:06 am.

Benchmark NSE Nifty50 index was up 266.65 points at 11,673.80 while the BSE Sensex was up 901.59 points at 38,832.36.

Among the 50 stocks in the Nifty index, 45 were trading in the green, while 5 were in the red.

Shares of Vodafone Idea, YES Bank, SBI, Ashok Leyland, Adani Power, DHFL, Federal Bank, PNB, IDFC First Bank and PC Jeweller were among the most traded shares on the NSE.