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IT exporters gain; stronger dollar to aid margins
October 1, 2014 / 7:18 AM / in 3 years

IT exporters gain; stronger dollar to aid margins

Reuters Market Eye - Software exporters gain on hopes weakness in currencies against U.S. dollar would aid margins from overseas.

Logos of Tata Consultancy Services (TCS) are displayed at the venue of the annual general meeting of the software services provider in Mumbai, June 29, 2012. REUTERS/Vivek Prakash/Files

Tata Consultancy Services (TCS.NS) gains 1.9 percent, Infosys (INFY.NS) up 1.7 percent.

Wipro (WIPR.NS) surges 2.4 percent while HCL Technologies (HCLT.NS) advances 2 percent.

The dollar index .DXY climbed to a four-year high against a basket of currencies.

Reporting by Abhishek Vishnoi

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