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IT shares gain, TCS hits record high

IT index, the largest gainer among the sectoral indices, is up nearly 2% against less than 1% rise in benchmark Sensex

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SI Reporter Mumbai

Shares of information technology (IT) companies are in limelight on the bourses after minutes from the US Federal Reserve showed that the central bank's policy committee discussed a third round of quantitative easing at its last meeting.

The Bombay Stock Exchange (BSE) IT index, the largest gainer among the sectoral indices, is up nearly 2% against less than 1% rise in benchmark Sensex at 1122 hours.

Among the individual stocks, TCS, trading at its lifetime high is up 2% at Rs 1,319. Infosys and Wipro are up by 2-3%, while HCL Technologies, Hexaware Technologies and Tech Mahindra from IT index are up in the range of 1-2% on the BSE.

 

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First Published: Aug 23 2012 | 11:58 AM IST

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