Friday, August 27, 2010

TECH stocks continue to show weakness

In last post we saw BSE IT index showing bearish patterns and now individual stocks are also breaking down, so going by such a picture if markets fail to move higher TECK stocks may underperform.
Please download the PDF to check latest report on IT Stocks:
IT bellwether Infosys Technologies plunged 2.65 per cent in early trade a day after the government approved hiking the minimum alternative tax (MAT).   High attrition rate hits IT companies' bottomlines

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