Bucking the trend in the stock market live, most IT stocks were exchanging into a positive area on September 27th, 2018, in the midst of a crisp fall in rupee against the US dollar.
The Nifty IT was exchanging 0.86 percent up at 16,069 around 01:35 pm. The rupee was exchanging 15 paise bring down at 72.76 around then.
Shares of HCL Technologies (up 1.95 percent), Infosys (up 1.86 percent) and Infibeam Avenues (up 1.68 percent) were the top gainers in the IT list. Tech Mahindra (up 1.66 percent), Mindtree (up 1.03 percent) and Oracle Financial Services Software (OFSS) (up 0.70 percent) too were gaining in the share market.
Shares of Infosys (up 1.41 percent), Infibeam Avenues (up 0.91 percent), HCL Technologies (up 0.88 percent), Tata Consultancy Services (TCS) (up 0.86 percent), Oracle Financial Services Software (up 0.82 percent), Tech Mahindra (up 0.39 percent) and Wipro (up 0.08 percent) were in the green zone.
In the stock market live, KPIT Technologies (down 1.82 percent), Mindtree (down 1.34 percent) and Tata Elxsi (down 1.05 percent), in any case, declined more than 1 percent. Be that as it may, Tata Elxsi (down 1.51 percent), Tata Consultancy Services (TCS) (down 1.02 percent), KPIT Technologies (down 0.45 percent) and Wipro (down 0.18 percent) were in the negative.
Equity benchmarks were exchanging in the red. Powerless worldwide signs, rupee’s new slide, and rising unrefined petroleum costs hit market assumption.
Benchmark NSE Nifty50 file was up 38 points at 11,005, while the BSE Sensex was up 162 points at 36,467.
Among the 50 stocks in the Nifty file, 17 were exchanging the green, while 33 were in the red.
According to the report of Economic Times, Tata Steel, Asian Paints, Titan Company, Infosys and State Bank of India, Axis Bank, Sun Pharma, YES Bank, IndusInd Bank, and Cipla were among the gainers in the Nifty record.
In stock market live, Indiabulls Housing Finance, GAIL (India), YES Bank, Bajaj Finance, Dr. Reddy’s Laboratories, Axis Bank, Eicher Motors, HPCL, and BPCL were among the failures in the Nifty pack of stocks, according to the report of Economic Times.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]