Indian rupee surged nearly 9.6% against the dollar since early - 2007, on the back of strong foreign inflows of nearly USD 10.4 billion. This is buoyant for Indian equity markets, but bad for IT companies, which eats up into their margins.

Rupee driven stocks, IT stocks, in particular, have started getting impacted. They are trading way below their 52-week highs and just hovering near to their 52-week lows.

Today, Azim Premji’s Wipro already touched its 52-week low while Satyam, Infosys Tech, TCS and HCL Tech are just few Rupees away from their lows.

Wipro, Tech Mahindra and i-flex are more than 30% below their 52-Week highs.

Company	52-Week Low	52-Week High	Intraday Low	Close Price	% Loss from 52-Wk High	Away from 52-Wk Low (Rs)
Satyam	379.5	524.9	401.5	418.85	-20.20	39.35
Infosys	1723	2439	1751.5	1821.95	-25.30	98.95
HCL Tech	266.85	365.75	270.05	277.45	-24.14	10.6
TCS	936.25	1399	978	1014.95	-27.45	78.7
Wipro	430	690	425	439.9	-36.25	9.9
Tech Mahindra	520.6	2049.8	1263	1282.1	-37.45	761.5
Patni	339	572.95	456	463.45	-19.11	124.45
MphasiS	165	339.8	263.2	268	-21.13	103
I-flex	1322	2630	1810	1839.65	-30.05	517.65
Finance Tech	1190	3048	2690	2711.45	-11.04	1521.45