 "Statsguru: Stock markets attain new peaks; Bajaj Finance, TCS, Infosys gain")
Shares of information technology (IT) companies were trading higher for the third straight day due to persisting weakness in the rupee. The rupee hit an all-time low of 70.08 against US dollar on Tuesday.
Tata Consultancy Services (TCS), Infosys, NIIT Technologies and Infibeam Incorporation from the IT index hitting their respective new highs on the National Stock Exchange (NSE) in intra-day trade today.
Intellect Design Arena, Persistent Systems, Mindtree, Tech Mahindra, Cyient, KPIT Technologies and L&T Technology Services were up in the range of 2% to 4%. A cheaper rupee bodes well for Indian IT companies, as they derive
Tata Consultancy Services (TCS), Infosys, NIIT Technologies and Infibeam Incorporation from the IT index hitting their respective new highs on the National Stock Exchange (NSE) in intra-day trade today.
Intellect Design Arena, Persistent Systems, Mindtree, Tech Mahindra, Cyient, KPIT Technologies and L&T Technology Services were up in the range of 2% to 4%. A cheaper rupee bodes well for Indian IT companies, as they derive
