IT stocks were on buyers' radar today, surging up to 4.5 per cent, after the rupee weakened to a fresh five-month low.
Led by gains in these stocks, the BSE IT index jumped 3.18 per cent to end at 12,717.40.
TCS and Infosys were the biggest gainers on the BSE 30-share index.
Infosys will announce its fourth quarter results tomorrow.
Weak rupee is largely seen as positive for export-focused sectors.
Big IT companies earn a major chunk of their revenues in dollar from their US clients.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)