Nifty IT stocks trade flat amid volatile trade; LTI advances, Oracle drags

Infosys, Mindtree, and Wipro also traded higher. Tech Mahindra remained lower.

Sep 17, 2021 12:09 IST India Infoline News Service

Stock market report with bull and bear
Nifty IT stocks traded flat amid volatile markets on Friday. The Index had underperformed on Thursday despite strong markets but on Friday it maintained early gains with Larsen & Turbo Infotech outperforming. Oracle Financial Services Software Limited dragged the most. The Index turned flat in the afternoon amid volatile trade.

Indices hit fresh highs on Friday early on, however dropped gains in the afternoon. At around noon time, Sensex was trading at 59,190.90 up 49.74 points or 0.08% and Nifty50 at 17,623.95 down 5.55 points or 0.03%. 

Nifty IT was trading at 35,880.20 up 27.80 points or 0.08%, touching a high of 36,131.25 and low of 35,801.30 during intraday trade on Friday.

LTI advanced 1.4% at Rs5,750.15 per piece to hold the sector. Infosys, Mindtree and Wipro also traded higher. HCL Tech and TCS were trading flat.

Oracle dragged 1.6% at Rs4,730.90 per piece. Coforge, Tech Mahindra and Mphasis were also trading in the red. 

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