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Quick Wrap: Nifty IT Index records a surge of 1.50%

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Capital Market
Nifty IT index ended up 1.50% at 18348.55 today. The index has added 3.00% over last one month. Among the constituents, Mphasis Ltd jumped 3.50%, Wipro Ltd gained 3.34% and Tech Mahindra Ltd rose 3.31%. The Nifty IT index has increased 14.00% over last one year compared to the 6.30% spike in benchmark Nifty 50 index. In other indices, Nifty Bank index has slid 1.44% and Nifty Private Bank index is down 1.38% on the day. In broad markets, the Nifty 50 is down 0.07% to close at 11527.45 while the SENSEX has declined 0.24% to close at 38990.94 today.

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First Published: Sep 03 2020 | 4:00 PM IST

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