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BSE IT index gains

September 15, 2010

MARKETS-SOUTHASIA-STOCKS/

The BSE IT Index soared 2.49 percent in a broader market that closed 0.8 percent higher at 19,502 after U.S. retail sales data boosted optimism over recovery in the world’s largest economy.

Stocks which led the index rise were Oracle Finance (up 5.3 percent), Infosys (up 2.49 percent) and TCS (up 2.1 percent).

Infosys and TCS touched there 52-week high during trade.

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