Stock market update: Nifty IT index advances 0.49% in an upbeat market

Persistent Systems Ltd.(down 5.07 per cent), L&T Technology Services Ltd.(down 0.72 per cent) and MphasiS Ltd.(down 0.33 per cent) were the top losers on the index.

The Nifty IT index was up 0.49 per cent at 33530.4 at the time of writing this report.

Benchmark NSE Nifty50 index was up 92.1 points at 22239.1, while the BSE Sensex was up 253.62 points at 73341.95.

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, Indian Renewable, Hind Copper and NALCO were among the most traded shares on the NSE.

Shares of TPL Plastech, Premier Exp, Hindustan Motor, Automotive Stamp and IRM Energy hit their fresh 52-week highs in today's trade, while Gayatri Project, Visagar Polytex, CMI Ltd, GI Engineering and Sumeet Ind hit fresh 52-week lows in trade.