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NEW DELHI: Nifty IT index was trading with gains at 12:21PM (IST) on Tuesday. Shares of MPhasis (up 5.64 per cent), Coforge (up 5.06 per cent), Mindtree (up 3.22 per cent), HCL Technologies (up 2.64 per cent) and Tata Consultancy Services (up 1.9 per cent) were among the top gainers. The Nifty IT index was trading 1.81 per cent up at 26502.8 around 12:21PM. Benchmark NSE Nifty50 index was up 67.60 points at 14997.1, while the BSE Sensex was up 283.2 points at 50678.28. Among the 50 stocks in the Nifty index, 28 were trading in the green, while 22 were in the red. Shares of Vodafone Idea, PNB, Bank of Baroda, SAIL and Tata Power were among the most traded shares on the NSE. ....
Explore Now Shares of Punjab National Bank (down 2.21 per cent), Central Bank of India (down 2.09 per cent), Punjab & Sind Bank (down 1.93 per cent) and Indian Bank (down 1.93 per cent) were the top losers in the index. While Bank of Baroda (up 0.13 per cent) were among the top gainers. The Nifty PSU Bank index was trading 1.4 per cent down at 2283.3 around 01:30PM. Benchmark NSE Nifty50 index was down 5.85 points at 14923.65, while the BSE Sensex was up 28.61 points at 50423.69. Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red. Shares of Vodafone Idea, PNB, Bank of Baroda, SAIL and Tata Power were among the most traded shares on the NSE. ....
NEW DELHI: Nifty traded with cuts on Monday as the headline index closed below the crucial 15,000 levels and formed a bearish Hammer-like pattern with a long lower shadow. Rohit Singre, Senior Technical Analyst at LKP Securities said, Going forward, 14,750 will act as an immediate and strong support. If it manages to hold that, then some more pullback is possible towards immediate hurdle zone of 15,000-mark followed by 15,100 zone. As of now, there are no signs to the end of this corrective phase. Hence, we could continue to see such volatility in the near term. Traders are advised to avoid getting carried away and rather look for stock-specific opportunities on both sides. As far as levels are concerned, the immediate support for the Nifty is placed around 14,700, while resistance is seen around 15,050,” said Ruchit Jain, Senior Analyst - Technical and Derivatives at Angel Broking. ....