According to Sharekhan's report, Tata Consultancy Services (TCS) is likely to test Rs 550 on the upside and has strong support at Rs 500.
Sharekhan's report:
Of the 30 stocks of the Sensex, Wipro (down 10%) and Reliance Infrastructure (down 8%), are the top losers. TCS is likely to test Rs 550 on the upside and has strong support at Rs 500. Among the sectors, IT sector has gained momentum, and expected to move upward.
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