Nifty IT rises 2% as rupee weakens; Wipro, TCS, Infosys lead
after close1 source ↓written by the desknot a recommendation
- today
- 2%
- intraday high
- 38,007
- breaking
- 4-day losing streak
- against the US
- 90.15
- increase
- 2.01%
Nifty IT gained 2% today, reaching an intraday high of 38,007, breaking a 4-day losing streak. This rise coincided with the Indian Rupee hitting 90.15 against the US Dollar due to equity outflows. Wipro led the gains with a 2.01% increase, followed by TCS and Infosys at 1.44% and 0.95% respectively.
• FIIs sold equities worth ₹3,642.30 cr yesterday.
• DIIs purchased stocks worth ₹4,645.94 cr.
Despite the overall rise, four out of ten Nifty IT constituents were in the red, indicating mixed sentiment.
Not investment advice. For informational purposes only.