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Markets move sideways. IT stocks gain.

Markets have been seeing indecisive trades, with the indices moving between the green and red territories. Stocks from the IT sector, have gained some ground in today’s trade.

At 10:10 AM, the Nifty stands at 5121, down by 3 pts or -0.07%.

IT major Infy is trading high with 2.4% gains. Wipro is up by 3.5%. TCS is up by 1.9%. HCL Tech has also moved up by 1.6%.

Other stocks in the green are Maruti – which is up by 1.2%, Tata motors – up by 1%, DLF – up by 2.6% and BPCL – which is up by 1.9%.

Chambal Fertilizers, from the fertilizer pack, is up by 2.4%.

Stocks in the red are NTPC – down by 1.3%, Jindal steel – down by 2%, SAIL -down by 1.6% and JP associates – which is down by 1.8%.



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