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A maturing market amid the mayhem
The BSE IT index ended 3.9 percent higher on Tuesday as the overall 30-share sensitive index ended 0.59 percent down.
Infosys Technologies raised its annual sales forecast as big financial services clients boost orders in an improving global economy, pointing to an industry recovery.
Shares in Infosys ended 3.9 percent higher at 2,587 rupees with a volume of 0.54 million shares.
Other players like TCS, Wipro surged over 4 percent. Stocks like Teledata Informatics slipped 3.5 percent while Moser Baer shed 2 percent.
The BSE Sensex ended 2.6 percent up on Thursday on good corporate results and robust economic data.
Data released on Thursday showed infrastructure output grew 6.5 percent in June while the Wholesale Price Index fell 1.17 percent in the 12 months to July 11.
The BSE Sensex extended gains on Monday to cross the 15,000 mark as hopes of recovery in corporate earnings boosted confidence worldwide.