BSE IT index hits record high
Published On: Friday, June 11, 2021 | By: Team KnowMyStock
Today (11th June 2021)Shares of information technology (IT) companies were in demand on the bourses with Wipro and Tech Mahindra hitting all-time highs, while Tata Consultancy Services (TCS) and Infosys were quoting close to their respective record highs on the BSE. Besides Wipro and Tech Mahindra, a total of 10 stocks including Mastek, Mindtree, Happiest Minds Technologies, Mphasis, and Coforge too hit their new highs in Friday's intra-day deals.TCS, meanwhile, gained 3 percent to quote at Rs 3,309, while Infosys was up 2 percent at Rs 1,451.55. TCS had hit a record high of Rs 3,358 on April 9, 2021, and Infosys had touched a high of Rs 1,480 on April 12. Among other individual stocks, Tech Mahindra hit a record high of Rs 1,082, up 2 percent on the BSE, surpassing its earlier high of Rs 1,081.35 touched on January 11, 2021. In the past one week, the stock has gained 6 percent.
Share of eClerx Services were also locked in 20 per cent upper circuit band at Rs 1,617.35 on the BSE after the company reported healthy March quarter numbers (Q4FY21) with revenues up 19.3 per cent quarter on quarter (QoQ) in constant currency terms and 19.7 per cent QoQ in reported terms.
Today afternoon the S&P BSE IT index, the top gainer among sectoral indices, was up 1.4 per cent at 28,680 points as compared to a 0.25 per cent rise in the S&P BSE Sensex. The former hit a record high of 28,810.81 points in today's intra-day deals, surpassing its previous high of 28,385.91 touched on April 12, 2021.
Tags: BSE IT index Wipro Tech Mahindra Mastek Mindtree Happiest Minds Technologies Mphasis and Coforge
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