Stock market update: Nifty IT index advances 0.37% in an upbeat market

Persistent Systems Ltd.(down 0.6 per cent), L&T Technology Services Ltd.(down 0.34 per cent), Tech Mahindra Ltd.(down 0.17 per cent) and Wipro Ltd.(down 0.07 per cent) were the top losers on the index.

The Nifty IT index was up 0.37 per cent at 33663.75 at the time of writing this report.

Benchmark NSE Nifty50 index was up 45.8 points at 22382.2, while the BSE Sensex was up 163.88 points at 73812.5.

Among the 50 stocks in the Nifty index, 26 were trading in the green, while 24 were in the red.

Shares of Vodafone Idea, YES Bank, Easy Trip Planners, Tata Tele and Jio Financial Servic were among the most traded shares on the NSE.

Shares of Tejas Networks, Smartlink Holdings, Celebrity Fash, Manaksia Coated and Hindustan Motor hit their fresh 52-week highs in today's trade, while Atal Realtech, Tembo Global Indust, MEP Infrastructure, Melstar Info and Keerti Knowledge hit fresh 52-week lows in trade.