Nifty IT index rallies over 8% in last seven sessions. Analysts maintain bullish outlook

Nifty IT index rallies over 8% in last seven sessions. Analysts maintain bullish outlook

Having outperformed the broader Nifty 50 index in the last one year, the Nifty IT index rallied 8.5% in the last 7 consecutive sessions to reach its new peak at 41,7746.55 in Tuesday’s session. The Nifty IT Index has surged 32% last year, with the recent outperformance driven largely by a healthy first quarter, especially … Read more

bullish outlook: We have gone from a slightly more cautious to a more bullish outlook: Ashi Anand

bullish outlook: We have gone from a slightly more cautious to a more bullish outlook: Ashi Anand

Ashi Anand, Founder & CEO, IME Capital, says “in a market where the overall underlying momentum is quite strong, the sentiment is positive and the longer term outlook is looking good, it is important not to get carried away. There is a right price at which you need to buy a company. And if you … Read more