MUMBAI, NOV 18: Rampant speculation in software stocks boosted the stock markets across the country on Thursday. Software blue chip Infosys Technologies led the rally and helped the benchmark Bombay Stock Exchange Sensex to recover by 65 points at 4606.16.The sudden turnaround was led by infotech stocks that once again attracted FII attention following a strong rally on Nasdaq Stock Exchange pushing the Nasdaq composite index to a record high on Wednesday. The ADR of Infosys Tech soared to an all-time high at $ 209, up by 25 dollars over the previous close. Infosys spurted by Rs 450 to Rs 8580 on brisk buying support.Other software stocks like Pentafour, Satyam and NIIT also moved up on speculative support. ``Massive speculation is going on in software scrips. Infosys is being targeted by speculators. As a result, there is huge volatility in Infosys,'' said a broker.Infosys jumped following reports that Aetna, one of the leading managed healthcare and financial services companies in the US, haspicked up Infosys as its long-term partner to support its offshore initiatives and assist in transforming the company into an e-business enterprise. Sensex starated higher at 4564.50 and moved widely between 4606.16 and 4511.87 before closing at the day's high of 4606.16 with a handsome gain of 64.68 points or 1.42 per cent compared to the previous level of 4541.48. The BSE-100 index rose by 19.14 points to 2156.04 from previous close of 2136.90. Of the 145 specified scrips, 57 including majority of the index heavyweights scored impressive gains.
