Nifty IT recovers early losses; gains over 130 pts; Heavyweight HCL Tech, Wipro gain

IT stocks have recovered early losses during the second half of Thursday's trading session. Nifty IT index which touched the day's low of 21,544.05 in the first half of the day, has now surged to an intraday high of 21,852.90.

At around 3.10 pm, Nifty IT was trading at 21,841.90 above 136 points or 0.63%.

On the index, Naukri.com was the top performer, surging by over 3%.

However, it was heavyweight stocks like HCL Tech and Wipro which lifted the overall index, as the stocks gained by over 1% each.

Mindtree and TCS also contributed to the upside, by soaring near 0.60% each.,

However, Tech Mahindra, L&T Infotech, Infosys and Mphasis were top underperformers down marginally.

Sensex was performing at 44,258.28 up 430.18 points or 0.98% and Nifty 50 was trading at 12,993.85 up 135.45 points or 1.05%.