At 12:15 IST, the BSE IT index was up 3.72% at 2,431.01. It outperformed the Sensex, whcih was up 3.47% at 8,744.41.
Four major software exporters Infosys Technologies, Wipro, TCS and Satyam Computer were up by 2.83% to 5.62% as rupee traded at 50.13/16 per dollar today. It had hit a record low of 50.60 per dollar yesterday.
Weak rupee favors the Indian software exporters as they earn more than half of their revenue in dollar terms.
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