Have a look at these buzzing IT stocks today!

BSE IT index is trading in green at 1.24 per cent on the upper side. It is outperforming the domestic benchmark indices by a notable margin when other sectoral indices are still trading in the red zone.

The domestic benchmark indices have begun the week on a positive note. Sensex is up by 0.25 per cent or 137.33 points while Nifty is at 16,462.90 level, up by 0.16 per cent or 26.15 points. Today is yet another cheering day for the IT stocks! BSE IT index is trading in green at 1.24 per cent on the upper side. It is outperforming the domestic benchmark indices by a notable margin when other sectoral indices are still trading in the red zone. 

MindTree has been leading the IT stocks on Monday, zooming by 4.34 per cent. This mid-cap IT consulting & services company announced a healthy set of numbers in the first quarter of the financial year 2021-22. The net profit jumped by 61.2 per cent as compared to the corresponding previous year's quarter being at Rs 343.4 crore in Q1FY22. EBITDA margin stood at 20.3 per cent, dipping 166 basis points (bps) sequentially, due to headcount addition. The deal pipeline also became stronger by over 34 per cent on a QoQ basis and by 28.9 per cent on a YoY basis to $504 million. Meanwhile, the company has made an addition of 3,442 employees in the quarter. 

The following list highlights the top five buzzing IT stocks on Monday: