Stock market update: IT shares advance; Wipro gains over 1%

NEW DELHI: IT shares were trading in the positive zone in Wednesday's morning session.

Shares of Wipro (up 1.08 per cent), HCL Technologies (up 0.92 per cent), Mindtree (up 0.78 per cent), Infosys (up 0.55 per cent), Tata Consultancy (up 0.51 per cent), Tech Mahindra (up 0.44 per cent) and Just Dial (up 0.37 per cent) were among the top gainers.

The Nifty IT index was trading 0.44 per cent up at 16524.3 around 09:58 am.

Benchmark NSE Nifty50 index was up 96.35 points at 12204.25 , while the BSE Sensex was up 358 points at 41574.14.

Among the 50 stocks in the Nifty index, 41 were trading in the green, while 9 were in the red.

Shares of Vodafone Idea, YES Bank, BHEL, SBI, Tata Motors, Coal India Ltd, Ashok Leyland, L&T Fin Holding and SAIL were among the most traded shares on the NSE.