MphasiS (up 1.56%), TCS (up 0.98%), Infosys (up 1.23%), Wipro (up 0.81%), Hexaware Technologies (up 0.88%), HCL Technologies (up 0.10%) and Oracle Financial Services Software (up 0.04%) and Tech Mahindra (up 0.03%), edged higher.
The BSE IT index was up 1.06% at 5,741.54. It outperformed the Sensex, which was up 0.13% at 19,739.02.
The BSE IT index had underperformed the market over the past one month till 2 January 2013, falling 3.52% compared with the Sensex's 1.94% rise. The index had also underperformed the market in past one quarter, falling 5.85% as against Sensex's 4.73% rise.
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The Indian rupee slipped marginally to 54.48 versus its previous close of 54.35/36. The Indian currency had risen to a three-week high of 54.2650 on Wednesday, 2 January 2013.
A weak rupee boosts revenue of IT firms in rupee terms as the sector derives a lion's share of revenue from exports.
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