With the adoption of euro, all software for currency transactions would have to be re-written and the modified systems has to be in place by January, 1, 1999, in both participating as well as in non-participating countries in Europe. The Infosys Technologies' scrip continued to record fresh gains and touched a new high of Rs 2014 against Friday's close of Rs 1941.

Mid-session, the scrip had zoomed to Rs 2020. On the NSE, the scrip closed at Rs 2008. With the Infosys board scheduled to meet on April 11 to announce full-year results, punters are going long in anticipation of a 60 per cent growth in net profit.

Amongother IT scrips, Wipro touched an all-time high of Rs 927 after opening at Rs 874. On NSE, the scrip hit the upper end of the circuit filter with a 10 per cent spurt in price. The scrip been on a consistent rise since mid-February when it was quoting around Rs 500. South-based Pentafour Software also touched an all-time high of Rs 514 on very huge volumes of 2.9 lakh shares. The stock was trading at around Rs 164 in early January.

Satyam Computer was another IT scrip which hogged the limelight on Monday. The scrip scaled a new high of Rs 336 with huge volumes of around 5.2 lakh shares. On NSE, the scrip hit a settlement freeze at Rs 300 and reportedly these was a buyer for 2 lakh shares at that price.

Tata Infotech and NIIT also attracted considerable buying interest. Among the second-rung IT stocks, BFL Software, DSQ Software, Rolta India, CMC, HCL Infosystems and even Pertech Computers registered handsome gains on Monday. The BFL scrip, which is riding high on a takeover by ING Barings, soared to Rs173. HCL Infosystems rose to Rs 182, which is a new 52-week high for the stock. CMC, which had fallen to Rs 70, has crossed the crucial Rs 100-mark.