Nifty IT underperforms dragged by Infosys, TCS; HDFC Bank; Dr Reddy's Labs most active

The broader indices are trading on a negative note this Thursday morning with the Nifty shedding 52 points at 10,804 and the Sensex is down 162 points at 35,576.
Nifty IT was trading in the red, dragged by Tata Consultancy Services, Infosys, Tech Mahindra and Mindtree.

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The most actively traded stocks on the NSE were HDFC Bank, TCS, Tata Steel, PC jeweller and Dr Reddy's Labs.Some of the top gainers on BSE were JP Associates, MMTC, PC Jeweller, NALCO and Sintex Industries.
Bandhan Bank, GSK Pharma, MM Forgings and NALCO were the few stocks that hit fresh 52-week highs in the morning trade.
The benchmark Sensex rose over 84 points while the Nifty reclaimed the 10,800-mark as investors looked forward to release of key macroeconomic data due today amid a firming trend in Asia.
The 30-share BSE Sensex went up 84.35 points, or 0.23 %, to 35,567.82. The gauge had gained 39.80 points in the previous session.
Optimistic buying in blue-chip stocks ahead of IIP data for April and CPI inflation for May, to be released after market closing today, lifted stocks higher.
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