After witnessing a 7 percent decline in the previous week, IT stocks remained under pressure, falling another 6 percent so far this week and dragging the Nifty IT index to a 10-month low on2.
Experts expect some more consolidation, which is on expected lines after the recent rally, as long as the Nifty trades below the 26,000 zone. Immediate support is placed at 25,700–25,600, followed by ...