HomeNewsBusinessMarkets3-Point Analysis | IT stocks have surged average 50% in H1FY21; will the rally continue?

3-Point Analysis | IT stocks have surged average 50% in H1FY21; will the rally continue?

Should you be betting big on digital space? Let's find out in this edition of 3-Point Analysis.

September 30, 2020 / 14:06 IST
Story continues below Advertisement

IT stocks have seen a major surge over the last few months since the coronavirus outbreak began. Contrary to IT companies expectations, clients upped their spending.

The companies were also able to shift to work-from-home environment in a few weeks and pivot their offerings to the needs of the consumer.

Story continues below Advertisement

But with nearly 50 percent average surge in IT stocks in the first half of the year, should you continue to bet big on digital space? Let's find out in this edition of 3-Point Analysis.

Moneycontrol News
first published: Sep 30, 2020 02:01 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!