IT Stocks Archives - Page 8 Of 8

IT stocks are ‘buy on dips’. Here’s why

19 October 2020 by Admin

After an 11% upmove, profit booking was expected. Now 11,600 is the immediate support, holding above which expect 12,000 to be crossed and head towards 12,250 and then possibly to all-time high of 12,428. Synopsis The BSE IT index has gained 99.6% from its March low while the Sensex has gained over 55% from its … Read more

Mix and match digital with good IT companies: Sunil Singhania

16 September 2020 by Admin

It is unfair to call a double digit growing sector expensive if it starts to trade at 18-20 PE multiples while a whole host of consumer companies growing at 5-7% and which are trading at 70-80 PE multiples are considered quality, says the Founder, Abakkus Asset Manager. Let’s start with Sunil Singhania the market timer. … Read more