Rahul Mohindar of viratechindia.com is of the view that IT is one of the weaker spaces in the market.
Mohindar told CNBC-TV18, "IT is going to have a little bit of a sideways to a downward play-I would rate it as one of the weaker spaces in the market. So I would not
be rushing into these stocks and clearly on the back that even when the market fell down this was possibly one of the sectors, which stood out, performed. So possibly a lot has already factored into the price. I am not willing to really take a fresh call maybe I would review the situation after two-three days but as of now TCS , Infosys and Satyam these three look slightly ranged if not with a negative bias."
Disclosure: It is safe to assume that analyst & his clients may have an investment interest in the stocks/sectors discussed.
