IT shares in focus; Wipro, Coforge, Mindtree, Mphasis hit new highs

Shares of information technology (IT) companies were in focus at the bourses, on Thursday, with Coforge rallying 18 per cent to Rs 3,399.85, also its new high, on the BSE after the company reported a healthy set of numbers for the quarter ended March 2021 (Q4FY21).

Besides, Coforge, Wipro, Mindtree, Mpahsis and Firstsource Solutions hit their respective record highs on the BSE. Mastek, Intellect Design Arena, Sasken Technologies, Newgen Software Technologies, Nucleus Software Services and Sonata Software were up in the range of 5 per cent to 11 per cent.

At 01:49 pm, the S&P BSE IT index was up 1.6 per cent at 26,833 points, as compared to 0.45 per cent gain in the S&P BSE Sensex. The IT index had hit a record high of 28,385.91, on April 12.