IT shares in demand

Infosys, TCS , Persistent Sys, HCL Tech, Oracle Finance, Tech Mahindra, Midtree, Wipro have gained between 1-3%

SI Reporter Mumbai
Last Updated : Oct 31 2014 | 10:04 AM IST
I T Services exporters have surged on Friday after US Federal Reserve expresses optimism about US economic recovery.
 
US Fed on Wednesday dropped a characterization of US labor market slack as "significant" in a show of confidence in the economy's prospects. It also ended its massive quantitative easing programme, as expected.
 
Infosys, TCS , Persistent Sys, HCL Tech, Oracle Finance, Tech Mahindra, Midtree and  Wipro have gained between 1-3% on the BSE.
 

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Meanwhile at 10 AM, the BSE IT index is up 1.4% at 10642.43 levels. 
 
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First Published: Oct 31 2014 | 10:02 AM IST

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