Since a long time in the past, the IT sector has experienced extreme market volatility and pressure. even if one of the most favored industries is IT.
Thus, because of this unstable market, "ITBEES" appears to be the greatest investment in the IT sector. I've seen that there has been a 16–17% correction to this volatility.
That one, I think, if you investigate...
After major consolidation IT sector has started showing resilience to market movement. IT behmoth likes for TCS infy have started recovering and trying for bottom formation. With slight improvement in US economy may take IT in a sweet spot.
Given the domestic economy is going good with increased export will add fuel to rally estimated in next 6-9months.
To play...
