Yahoo Equity Symbol BSE IT Index Group A Shares Chart Strength
CMC.BO CMC 10
CYIENT.BO Cyient (formerly Infotech Enterprises) 3
ECLERX.BO eClerx Services 2
FSL.BO Firstsource Solutions 17
HCLTECH.BO HCL Technologies 8
HEXAWARE.BO Hexaware Technologies 15
INFY.BO Infosys  4
KPIT.BO, KPIT Technologies 18
MINDTREE.BO MindTree 7
MPHASIS.BO Mphasis 9
NIITTECH.BO NIIT Technologies  5
OFSS.BO Oracle Financial Services Software 6
PERSISTENT.BO Persistent Systems 14
POLARIS.BO Polaris Consulting & Services 13
TCS.BO Tata Consultancy Services 11
TATAELXSI.BO Tata Elxsi  1 strongest
TECHM.BO Tech Mahindra 16
WIPRO.BO Wipro 12
BSE-IT.BO Infotech Index
^CNXIT Infotech Index just below 200-dma

Note
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

 


BSE Information Technology Sector Trend

BSE Information Technology Sector Index consists of 18 stocks from Group A.
Out of 18 IT stocks 11 are trading above 200 day moving average.
That means 61% of IT Sectors stocks are trading above 200-dma.
However CNX IT Index is trading just below 200 day moving average.

Rupee is trading around 66 against US dollar after touching a low of 69 some time back.
This can have positive impact for the IT Sector.
Positive news from USA should also help the IT Sector.
Bellwether stock Infosys results cheered the markets for the last few quarters.

Outperformers: Tata Elxsi, eClerx Services, Cyient (formerly Infotech Enterprises).
Underperformers: KPIT Technologies, Firstsource Solutions.


Click on view below to see 200, 100 and 50-dma 2 years chart with volume.
If 2 years chart is not seen, you may see the chart for shorter period.

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