IT stocks jumped on Thursday as rupee weakens on US fed outlook. Rupee edged lower against the dollar. In the foreign exchange market, the rupee edged lower against the dollar tracking weakness in Asian equities. The US Federal Reserve has decided to taper its bond-buying program by another USD 10 billion, to USD 55 billion a month.
Hexaware Technologies surged Rs 5.8, or 3.97%, to trade at Rs 152. The total volume of shares traded was 240,054 at the BSE (2.11 p.m., Thursday).
TCS gained Rs 75.05, or 3.68%, to trade at Rs 2,116. The total volume of shares traded was 161,346 at the BSE (2.11 p.m., Thursday).
Wipro shares gained Rs 10.9, or 2%, to trade at Rs 555.90. The total volume of shares traded was 163,756 at the BSE (2.11 p.m., Thursday).
Infosys shares gained Rs 62.45, or 1.91%, to trade at Rs 3,334. The total volume of shares traded was 64,933 at the BSE (2.10 p.m., Thursday).
Tech Mahindra shares up Rs 32.95, or 1.85%, to trade at Rs 1,809.50. The total volume of shares traded was 59,568 at the BSE (2.12 p.m., Thursday).
HCL Technologies gained Rs 19.5, or 1.39%, to trade at Rs 1,421.50. The total volume of shares traded was 42,180 at the BSE (2.12 p.m., Thursday).
Mphasis shares gained Rs 4.45, or 1.13%, to trade at Rs 397. The total volume of shares traded was 11,729 at the BSE (2.12 p.m., Thursday).