Domestic benchmark index NIFTY continues trading higher around the level of 11,450 while SENSEX jumped 184 points and is trading at 37,829.
IT stocks are trading on handsome note led by Mindtree, Oracle Financial Services, and Tech Mahindra which jumped around 2-3 percent. The other performers are Infosys, HCL Tech, TCS, and Tata Elxsi. It is due to the rupee hitting an all-time low of 70.08 against the US Dollar.
On NSE the stocks that hit new 52-week high are Bata India, Exide Industries, Infosys, ITC, JSW Steel, Dabur India, and United Breweries among others. Some of the other stocks are Can Fin Homes, Castrol India, Mcleod Russel, Tata Motors, Videocon Industries, eClerx Services, and SREI Infra among others.
From Bombay Stock Exchange midcap space, Adani Power, Reliance Capital, AB Fashion, Reliance Communications, and PAGE Industries are the other gainers.