Information Technology stocks edge higher

Information Technology stocks were trading in green, with the S&P BSE IT Sector index increasing 548.51 points or 1.79% at 31116.81 at 09:48 IST.
Among the components of the S&P BSE IT Sector index, Datamatics Global Services Ltd (up 14.88%), Nucleus Software Exports Ltd (up 14.36%),Cigniti Technologies Ltd (up 7.37%),63 Moons Technologies Ltd (up 4.98%),Kellton Tech Solutions Ltd (up 4.96%), were the top gainers. Among the other gainers were Sasken Technologies Ltd (up 4.62%), HCL Infosystems Ltd (up 4.61%), Aurum Proptech Ltd (up 4.17%), NIIT Ltd (up 3.96%), and L&T Technology Services Ltd (up 3.93%).
On the other hand, Matrimony.com Ltd (down 0.95%), Infibeam Avenues Ltd (down 0.32%), and RPSG Ventures Ltd (down 0.32%) turned lower.
At 09:48 IST, the S&P BSE Sensex was up 412.06 or 0.76% at 54730.53.
The Nifty 50 index was up 126.25 points or 0.78% at 16385.55.
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The S&P BSE Small-Cap index was up 327.26 points or 1.24% at 26645.34.
The S&P BSE 150 Midcap Index index was up 80.65 points or 1% at 8122.39.
On BSE,2205 shares were trading in green, 555 were trading in red and 108 were unchanged.
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First Published: May 18 2022 | 10:00 AM IST
