Indices: Stock market update: Nifty IT index advances 0.7% in an upbeat market
The Nifty IT index was trading 0.7 per cent up at 31082.2.
Source: indiatimes.com
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The Nifty IT index was trading 0.7 per cent up at 31082.2.
After five months of gains, the Nifty index is set to end August with losses due to inflation concerns and higher interest rates. However, the Nifty IT pack is up 4% this month, driven by the positive outlook for the US economy and the expected demand for AI-related work.
The Nifty IT index was trading 0.41 per cent up at 30899.35.
The Nifty IT index closed 0.3 per cent up at 30866.05.
The Nifty IT index closed 0.46 per cent down at 30773.6.