TCS (up 0.91%), Hexaware Technologies (up 1.19%), Mahindra Satyam (up 0.09%), MphasiS (up 0.42%), Tech Mahindra (up 0.03%), Wipro (up 1.92%), Infosys (up 0.66%), Oracle Financial Services Software (up 0.38%) and HCL Technologies (up 0.93%) edged higher.
The S&P BSE IT index was up 0.85% at 6,190.70 and was the top performer among the sectoral indices on BSE. It outperformed the S&P BSE Sensex which was up 0.11% at 19,451.09.
The BSE IT index had outperformed the market over the past one month till 7 June 2013, rising 2.17% compared with the Sensex's 2.3% fall. The index, however, had underperformed the market in past one quarter, declining 13.05% as against Sensex's 0.08% gain.
The rupee today, 10 June 2013 hit a record low against the dollar on broad gains in dollar after disappointing data from China and slightly better-than-expected US jobs data.
The partially convertible rupee was trading at 57.46 a dollar after hitting record low of 57.54 versus Friday's close of 57.06/07. 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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