Core Projects and Technologies Note
Financial Technologies
HCL Technologies
Infosys Technologies
Mphasis
Oracle Financial Services Software
Patni Computer Systems
Tata Consultancy Services
Tech Mahindra
Wipro
All the above stocks form the BSE IT Index.
Information Technology Sector Index includes stocks from Software, Hardware, Computer Education and other related industries.

Shares are shown in blue colour
Shares are shown in orange colour
Shares are shown in red colour
Information Technology Sector Trend BSE Information Technology Sectors Index is trading below 200 day moving average. Rupee against US dollar from below 40 moved close to 52 is now around 46. Outperformers: Core Projects and Technologies, Hexaware Technologies, Aptech. Technically strongest stock appears on the left hand side and weakest on the right hand side.
Out of 10 IT stocks only Core Projects is trading above 200 day moving average.
That means 10% of IT Sectors stocks are trading above 200 day moving average.
This can have positive impact for the IT Sectors.
Unique Identification Project will give boost to IT Sector.
US curbs on H-1B and L-1 visa can affect IT Sector.
Further, hike in visa fees will also impact IT firms.
US downgrade has already impacted the IT sector.
Underperformers: Infosys Technologies, Wipro, Mphasis, Patni Computer.




