Five IT stocks rose by 0.05% to 1.14% at 13:15 IST on BSE as rupee edged lower against the dollar.
Meanwhile, the S&P BSE Sensex was up 2.84 points or 0.01% at 27,398.57.
Among IT stocks, Infosys (up 0.17%), Tech Mahindra (up 1.14%), TCS (up 0.09%), HCL Technologies (up 0.31%) and Wipro (up 0.07%) gained.
In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 63.73 compared with its close of 63.68 yesterday, 29 December 2014.
A weak rupee boosts revenue of IT firms in rupee terms as the sector derives a lion's share of revenue from exports.
Powered by Capital Market - Live News


