'IT spending to rise on US situation'

PUBLISHED ON: August 16, 2011 | Duration: 23 min, 55 sec

  
loading..
Dipan Mehta, member at BSE and NSE says IT spending is expected to rise in the near future and is not positive on the sector. He attributes a rise in IT stocks on a technical bounceback. Sethuram Iyer, CIO at Diawa Mutual Fund says infra stocks have been de-rated rapidly and expects more margin pressures on these firms.
ALSO WATCH
Nifty Crosses 10,600 To Reach All-Time High, Sensex Hits New Record On Fund Inflows

................................ Advertisement ................................

................................ Advertisement ................................