IT index hits 52-week high; Wipro, HCL Tech, Infy rise over 4%
TCS, Infibeam Incorporation and Tech Mahindra too rallied over 2%
Shares of information technology (IT) companies were making buzz in the market today with some stocks like Wipro, HCL Tech and Infosys rising over 4% on the NSE.
IT index hits a fresh 52-week high of 12,487.25 in intra-day trade. TCS, Infibeam Incorporation and Tech Mahindra too rallied over 2%.
Though MindTree, Nucleus Software and MphasiS were in the red, they were trading above the Buyback price.
According to Moneycontrol, Nifty IT index has given 14.80% returns in the past 6 months and 10.88% year to date.