Information technology (IT) stocks, which have lagged the domestic equity benchmark indices for some time, registered sharp gains today on the back of better-than-expected quarterly results by Infosys Technologies. While the broader index of the Bombay Stock Exchange (BSE), the Sensex, fell 0.59 per cent, the BSE IT index rose 3.91 per cent.
Wipro Ltd was the top gainer among IT stocks. The share rose 4.89 per cent to Rs 694.55 by close of Tuesday’s trade on the BSE. Tata Consultancy Services (TCS) rose 4.88 per cent to Rs 749.10. Infosys was up 3.97 per cent at Rs 2,587.45, while HCL Technologies rose 3.68 per cent, to Rs 368.15.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app