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IT stocks shine amid US election outcome

04 Nov 2020 Evaluate

IT stocks were trading higher amid US presidential poll counting. Democratic candidate Joe Biden has secured 225 electoral votes so far, while Donald Trump has won 213. A candidate needs to win 270 electoral votes to capture the presidency.

Infosys is currently trading at Rs. 1096.50, up by 34.55 points or 3.25% from its previous closing of Rs. 1061.95 on the BSE. The scrip opened at Rs. 1066.00 and has touched a high and low of Rs. 1116.20 and Rs. 1066.00 respectively.

Tata Consultancy Services is currently trading at Rs. 2689.35, up by 56.70 points or 2.15% from its previous closing of Rs. 2632.65 on the BSE. The scrip opened at Rs. 2625.00 and has touched a high and low of Rs. 2720.45 and Rs. 2615.00 respectively.

Wipro is currently trading at Rs. 346.75, up by 11.15 points or 3.32% from its previous closing of Rs. 335.60 on the BSE. The scrip opened at Rs. 336.60 and has touched a high and low of Rs. 351.45 and Rs. 336.60 respectively.

Peers
Company Name CMP
TCS 2191.50
Infosys 1060.65
HCL Technologies 1251.15
Wipro 166.70
Tech Mahindra 1555.15
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