What about Wipro at the current mkt price

J

Jason Bourne

New Member
#2
#2
the rupee is appreciating everyday, and the central Gov is not gonna interfere and has already asked IT companies to cut costs (TCS has already started to cut costs). The increase in outflow by the FM is just an eyewash.

So the future for atleast the next few months is bleak for IT or more or less uncertain. Moreover, the current BUll run is unsustainable and a correction is around the corner.
So , I would strongly advise against IT at the moment. Rather, Utilities wud be better.

Bourne
 
B

behl_dushyant

New Member
#3
#3
Well after it went to the lows of 430's last month..today it breached the 500 marks which was a significant move as far as i am concerned..
2mrw being infosys results,i guess I.T sector is the in thing now..
but on the next 6 months prespective the rupee problem still exists!!
 
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