IT Stocks surged high and are in demand, it seems
2014 is the profitable year for the Indian IT industry. The global economic
environment has improved and the clients get confidence to invest in equity.
Infosys
- India's second-largest software
services provider, beat expectations, with a 21.4% rise in fiscal third-quarter
profit. Infosys
gained in volatile trade after the company raised its revenue growth guidance
in both rupee and dollar terms for the year ending 31 March 2014.
TCS - Tata Consultancy Services surged as
much as 0.95 per cent to touch its 52-week high of Rs 2265.
HCL Technologies - HCL Technologies
also scaled record high; the stocks rallied
1.08 per cent to Rs 1299.
Tech Mahindra - Tech Mahindra rallied in a range-bound
market to touch their respective fresh 52-week high on the Bombay Stock
Exchange. Tech Mahindra rose as much as 2.6 per cent to touch its 52-week high
of Rs 1875.50.
Wipro which was up 1.3 per cent to
Rs 548
MindTree was trading 0.6 per cent
higher at Rs 1659.45.
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