Friday 12 December 2014

IT stocks in demand on dull rupee

IT shares are in demand in early morning trade on account sharp fall in Indian rupee against the dollar in the last five trading sessions.

The domestic currency is currently trading at 10-month low - with a loss of 15 paise at 62.49 per US dollar.

MindTree is the top gainer in the IT space, and has surged over 2.5 per cent at Rs. 1,210. Infosys and Wipro have jumped over a per cent each at Rs. 1,944 and Rs. 552, respectively.

OFSS and TCS have added 0.4 per cent each at Rs. 3,307 and Rs. 2,503, respectively.

Meanwhile, the BSE Sensex is up 35 points at 27,637.

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