At around 1.38 pm, Nifty IT was trading at 21,915.95 up 506.70 points or 2.37%. The index has surged to an intraday high of 21,929.20.
On the index, L&T Infotech took lead trading at Rs3,234.75 per piece up nearly 5%, followed by Tech Mahindra and Infosys surging by near 3% each.
Mindtree, TCS, HCL Tech and Wipro surged by near 2% each.
However, Mphasis was the sole underperformer on the index, down by nearly 1%.
IT stocks kept overall benchmarks on a positive note as well. Sensex was performing over 291 points at 44,174. While Nifty was near 12,950-level.