Information Technology stocks showed gains in early trading, with the BSE Information Technology index rising by 0.8% at 37248.4. Black Box Ltd, Xchanging Solutions Ltd, Cressanda Railway Solutions Ltd, Intellect Design Arena Ltd, and Quick Heal Technologies Ltd were the top gainers in the index. Oracle Financial Services Software Ltd, Zaggle Prepaid Ocean Services Ltd, D-Link India Ltd, Netweb Technologies India Ltd, and KPIT Technologies Ltd also saw gains. However, Sasken Technologies Ltd, Moschip Technologies Ltd, and Control Print Ltd experienced losses. The BSE SmallCap index was up 0.98%, the BSE 150 MidCap Index was up 0.52%, the Nifty 50 index was up 0.29%, and the BSE Sensex index was up 0.27%. Overall, 2353 shares were trading in green, 955 in red, and 131 remained unchanged. This positive trend in the IT sector reflects the ongoing strength and resilience of the market. Investors may want to keep an eye on these developments and consult with their financial advisors for potential opportunities in this sector.
Source
Photo credit www.business-standard.com