Nifty IT Index Rises 1.5%; Infosys Gains 3%

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Infosys' gained over 3% after its board of directors appointed Salil S Parekh as CEO and MD of the company effective January 2, 2018.

Nifty IT Index is trading higher in the afternoon trade. Nifty IT index up by 1.5% and is the top sectorial gainer today.

Infosys' stock gained over 3% after its board of directors has appointed Salil S Parekh as Chief Executive Officer and Managing Director (CEO & MD) of the company effective January 2, 2018.

Shares of Wipro declined 1% as National Grid US filed lawsuit against company in the US court.

Benchmark Nifty50 index was 27 points up at 10,149, while the Sensex was 104 points higher at 32,937.

Among the 50 stocks in the Nifty50 index, 27 were trading in the green, while 23 were in the red.

Mindtree Ltd is currently trading at Rs549.4, up by Rs18.95 or 3.57% from its previous closing of Rs530.45 on the BSE. The scrip opened at Rs533 and has touched a high and low of Rs551 and Rs532.65 respectively.

Tech Mahindra Ltd is currently trading at Rs481.55, up by Rs8.75 or 1.85% from its previous closing of Rs472.8 on the BSE. The scrip opened at Rs474 and has touched a high and low of Rs486.75 and Rs466.15 respectively.

HCL Technologies Ltd is currently trading at Rs841.3, up by Rs11.75 or 1.42% from its previous closing of Rs829.55 on the BSE. The scrip opened at Rs835 and has touched a high and low of Rs843.95 and Rs825.1 respectively.

Tata Elxsi Ltd is currently trading at Rs929.75, up by Rs12.05 or 1.31% from its previous closing of Rs917.7 on the BSE. The scrip opened at Rs927.8 and has touched a high and low of Rs938.05 and Rs910 respectively.

Tata Consultancy Services Ltd is currently trading at Rs2651, up by Rs20.45 or 0.78% from its previous closing of Rs2630.55 on the BSE. The scrip opened at Rs2627 and has touched a high and low of Rs2652.65 and Rs2603.7 respectively.

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