IT stocks query

#1
Hello
I would like to discuss the IT stocks i have bought recently.
I have
Mphasis(x)100 @ 320
Infy(x) 30 @ 2005
SatyamComp(x) 10 @ 490

At the moment all are red. What is the expected target in the next couple of weeks. Should I exit and invest somewhere else or should i hold ?
Thanks for any advice
 
#2
The rupee is expected to appreciate even higher and might go upto 37-36 against dollar pretty soon which would directly hit the IT companies which are dependent on the dollar factor. Try to get information on what kind of exposure these IT companies have. I know for sure that Infy has an exorbitant exposure towards US market. So cut your losses and jump to much rewarding stocks.

R
 
#4
Hello
I would like to discuss the IT stocks i have bought recently.
I have
Mphasis(x)100 @ 320
Infy(x) 30 @ 2005
SatyamComp(x) 10 @ 490

At the moment all are red. What is the expected target in the next couple of weeks. Should I exit and invest somewhere else or should i hold ?
Thanks for any advice
You are not going to get anything out of IT stocks in the next six months so why block your money in them when there are so many other stocks around which are zooming up. I personnly have dumped all the IT stocks in my portfolio. Research and make your own call.
 
#5
Yes, IT stocks have all under-performed because of rupee appreciation.
The rupee is expected to appreciate even higher and might go upto 37-36 against dollar pretty soon which would directly hit the IT companies which are dependent on the dollar factor. Try to get information on what kind of exposure these IT companies have. I know for sure that Infy has an exorbitant exposure towards US market. So cut your losses and jump to much rewarding stocks.

R
First post and really advice posts!

Hatch eggs till u get chicks!!!
Dont know whether dollar will loss value or not. Dont even know exposure of companies.

And worse, even dont know what infosys does to computers!!!:D

If you can, or if you wish, or if you think you can loss all the invested amount, then try a gambling till december and if you are again confident(over confident), then continue ......

And if you continue beyond...hmm...

I dont know what markets have for IT stocks!:D
But I have some midcap IT in my kitty!

And I expect a bounce from my dump analysis!!!
 

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