Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "IT and pharmaceuticals were correcting. So, the rally was without IT and without pharma and while banks now start correcting or going sideways even energy."
"I would bet on all the three-four IT stocks including Tata Consultancy Services (TCS), Infosys, Wipro and HCL Technologies." At 11:50 hrs Tata Consultancy Services was quoting at Rs 2,124.80, up Rs 33.05, or 1.58 percent. It has touched an intraday high of Rs 2,128 and an intraday low of Rs 2,085.70. The share touched its 52-week high Rs 2,258.05 and 52-week low Rs 1,223.75 on 15 October, 2013 and 18 December, 2012, respectively. Currently, it is trading 5.9 percent below its 52-week high and 73.63 percent above its 52-week low. Market capitalisation stands at Rs 416,190.52 crore.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!
