Live Stock Market Updates: IT Majors Drag Nifty & Sensex Tyre Stocks Gain

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Markets have turned negative after positive opening. IT stocks, TCS and Infosys dragged down the major indices. TCS is trading at Rs 2490 per share, down by 1.3%, Infosys is trading at Rs 975.8 per share, down by 0.97%.BSE Mid-cap index is gaining grounds in the morning hour. The index has touched its all-time high of 15549 level. Torrent Power is top gainer in the index trading at Rs 196.6 per share, up by 4.41%. MRF is contributing the most to index gains trading at Rs 67776 per share, up by 2.08%.

Other tyre stocks including Apollo Tyre, JK tyre and CEAT are moving higher over 2% in the morning hour. There are 999 advances, 549 declines and 420 unchanged stocks on NSE reflecting fairly positive bias floating in the market.The S&P BSE Sensex is trading at 32312 down 13 points, while Nifty is trading at 10063 down by 1 point. A total of 50 stocks registered a fresh 52-week high in trade today, while 27 stocks touched a new 52-week low on the NSE.

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