India, Sept. 30 -- Nifty 50 Today Latest Live News: The Nifty 50 is hovering near the 22,700 level on Wednesday, September 30, after making a modest opening in the positive direction due to strength in IT stocks. On Tuesday, the index had ended at 22,716.20 amid a choppy session. At 10:05 am, the Nifty stood at 22,742.40, rising 26.20 points, or 0.12%.

Nifty 50 Today Latest Live News: IT Stocks Lead Early Gains

IT stocks were among the main pillars of support in early trading. The Nifty IT index was trading nearly 2.6% higher in early morning trade, with TCS being among the leading stocks. Reuters quoted that 13 out of 16 major sectors were trading on the upside, along with ICICI Bank and Reliance Industries. This reversal took place fo...