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IT index up 3.6%; Wipro, Rolta lead the rally
Published on Thu, Apr 03, 2008 at 15:41 , Updated at Thu, Apr 03, 2008 at 16:06
Source : moneycontrol.com
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IT stocks surged in todays trade, the frontliners were up in range of 5% to 6%. IT and Tech stocks had been beaten down for a period more than a year because of Rupee appreciation against USD. Lately, rupee has been trading in a narrow range of 39.5/USD to 40.75/USD. Ahead of the result IT and Tech stocks today surged with IT index up about 3.5%. Wipro was up 6.37%, followed by Rolta India, Satyam which were up around 6% In today’s trade. TCS, Mphasis and Patni were some other stocks which were anywhere up between 4% to 5%. I-Flex, Tech Mahindra and Financial Tech were some of the stocks that were languish in today’s trade.
by - Aniket Vakharia |
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