IT Stocks: TCS, Infosys, HCL Tech, Tech Mahindra Hit New All-Time Highs

On Wednesday, Nifty IT and the S&P BSE IT indices hit fresh highs as tech stocks extended their rally and hit new all-time highs amid hopes of more large deal wins.

Nifty IT hit 24,020.55 during the day while BSE IT index touched 46,265.44.

Shares of the Tata Consultancy Services (TCS), Infosys, HCL Technologies, Tech Mahindra, Larsen & Toubro (L&T) Infotech and MphasiS, which are all part of the Nifty IT index hit their respective fresh record highs. Non-index stocks Birlasoft and Persistent Systems also hit new highs on Wednesday.'

Among tech stocks, Wipro was the biggest gainer, which rose nearly 4% to Rs 377, after the company announced a significant strategic digital and IT partnership deal with METRO AG.