Siddhartha Khemka on falling IT stocks

Siddhartha Khemka on why IT stocks seem to have lost their mojo

Head of Retail Research at MOSL, Siddhartha Khemka reasons why the IT sector companies are lagging behind in their stock digits, clarifying that it may be due to a fearful follow-up quarter after witnessing the global recession. Companies like TCS and HCL Tech are still underperforming after announcing high guidance. FIIs are at a safe distance from the IT industry even though the space is welcoming. Domestics are being expected to invest in the big names of the Street.

Read More at Economic Times 

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Vishvasni Chand

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