BSE IT Index Group A Shares 18Jan19 Chart Strength 6Jul18 Chart Strength 13Nov17 Chart Strength 16Sep15 Chart Strength
CMC     - 10
Cyient  15 15 15  3
eClerx Services 19 19 22  2
Firstsource Solutions 14 13 20  17
HCL Infosystems 21 22 21  
HCL Technologies 12 17 16  8
Hexaware Technologies 17 4 15
Infibeam Incorporation 20 16 11  
Infosys  2* 9 18  4
Intellect Design Arena 8* 12 19  
KPIT Technologies 11 6 strongest  18
Larsen & Toubro Infotech 4 5 3  
L&T Technology Services 3* 14 4  
MindTree 9 10 17  7
Mphasis 13 3 9
NIIT  10 20    
NIIT Technologies  6 8 10  5
Oracle Financial Services Software 16 18 13  6
Persistent Systems 22 7 14  14
Polaris Consultin    - 13
Tata Consultancy Services 7* strongest 11
Tata Elxsi  18 2 strongest
Tech Mahindra 5* 11 12  16
Wipro 1* strong 21 12
Above 200-dma 36%  73%  82%  61%

Note: *golden crossover of 50/200-dma
All the above stocks form the BSE IT Sector Index from Group A. 
Information Technology Sector Index includes stocks from Software, Hardware, Computer Education and other related industries.

  • Stocks trading above 200 day moving average  laughing
        Shares are shown in blue colour
  • Stocks trading below but close to 200 day moving average smile
        Shares are shown in orange colour
  • Stocks trading much below 200 day moving average frown
        Shares are shown in red colour

 


 

Technical Trend of S&P BSE Information Technology Sector 

S&P BSE IT Index is trading above 50 and 200 day moving average.
The golden crossover 50/200-dma is in progress.
S&P BSE Information Technology Sector Index consists of 22 stocks from Group A.
Out of 22 IT stocks 8 are trading above 200 day moving average. 
That means 36% of IT Sectors stocks are trading above 200-dma. 
Rupee is trading close to all time low of around 74 against US dollar.
Being an exporter weak rupee is positive for the IT Sector.

Outperformers: Wipro, Infosys, L&T Technology, Larsen & Toubro Infotech, Tech Mahindra, NIIT Technologies.
Underperformers: Persistent Systems, HCL Infosystems, Infibeam Incorporation, eClerx Services.

Related topics
• Information Technology – NSE
• TECk – Technology
• Information Technology – Others