NEW DELHI: Most IT stocks were trading in the positive territory during Wednesday's trade amid a fresh fall in Indian rupee against the US dollar.The Nifty IT index was trading 1.36 per cent up at 14,049 around 02:40 pm, with Tata Consultancy Services (up 2.53 per cent) and Infosys (up 1.53 per cent) as the top gainers.
Shares of Infibeam Incorporation (up 1.12 per cent), Wipro (up 0.92 per cent), HCL Technologies (up 0.89 per cent), Tech Mahindra (up 0.53 per cent), Tata Elxsi (up 0.35 per cent) and Oracle Financial Services Software (up 0.28 per cent) also were in the green.However, KPIT Technologies (down 2.74 per cent) and Mindtree (down 0.42 per cent) were under pressure around that time.
Sustained buying in IT, bank, consumer durables, auto, teck and pharma stocks were keeping the equity benchmarks in the higher terrain.The NSE Nifty50 index was up 35 points at 10,878, while the BSE Sensex was up 124 points at 35,816.
Among the 50 stocks in the Nifty index, 31 were trading in the green, while 19 were in the red.
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Reddy's Laboratories, Cipla, Lupin, Tata Consultancy Services and Hindalco Industries were leading among Nifty gainers.Tata Steel, Indiabulls Housing Finance, Adani Ports, Zee Entertainment and Bajaj Finance were the top losers in the Nifty index.