Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "One by one the IT stocks are going to see exhaustion, which does not mean that the trend will change, but they will become choppy and probably go into a consolidation."
He further added, "They have had vertical rallies. These rallies also need some rest, so there is only one of them which I think is upbeat enough among the 5 top major stocks that is Tech Mahindra. There is more potential for a rally. For all the other four I would advice profit taking."
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