IT stocks recover in early trading

August 10, 2011 11:00

We told you early on that the markets had recovered this morning. Here's how IT stocks did this morning, the worst hit on Friday.

IT stocks led by TCS and Infosys made a smart recovery in early trade today in line with the bullish trend in the broader market. Shares of Infosys went up by 4.12 per cent to touch an early high of Rs 2,475.10 on the BSE. In the previous session, the stock had fallen to a fresh one-year low.

The country's largest IT exporter TCS's shares also rose by 4.62 per cent to touch an early peak of Rs 1,012.

Wipro saw renewed buying interest from investors and jumped by 3.19 per cent to Rs 358.35, while HCL Tech gained 4.35 per cent, Patni Computer up 3.03 per cent and Tech Mahindra rising by 2.20 per cent.

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