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.

Scrip Name	Close Price	Intraday high	% Change
WIPRO LTD.	414.40	440.80	6.37
ROLTA IND	270.80	288.00	6.35
SATYAM COMP	407.25	432.20	6.13
PATNI COMPUT	233.50	244.90	4.88
MPHASIS LTD	195.00	203.80	4.51
TCS LTD.	850.85	888.95	4.48
HCL TECHNO	246.75	254.50	3.14
INFOSYS TECH	1481.95	1525.00	2.90
I-FLEX	940.25	955.00	1.57
TECH MAH	725.25	735.00	1.34
FINANC TECHN	1640.15	1651.00	0.66

by - Aniket Vakharia