IT stocks show mixed trend amidst positive broader market following exit polls

NEW DELHI: IT stocks Monday showed a mixed trend even as broader market soared after exit polls suggested another term for the ruling NDA government.

During the early trade, IT index was the only one trading in the red. However, it ended in green by gaining 0.69 per cent to 15,515.99.

Among the IT stocks, Infosys fell 0.19 per cent to close at Rs 722.40 on the BSE.

During the day, it was trading 2.34 per cent lower at Rs 706.85.

Some of the other IT stocks that closed the counter with losses are Larsen & Toubro Infotech (down 1.54 per cent), Tech Mahindra (down 1.04 per cent) and Allsec Technologies (down 0.79 per cent).