Remaining volatile - March 19, 2007 - 11: 30 AM

March 19th, 2007

The markets are taking volatile moves. Indices gained some strength but not good enough for it to take one straight route. NIFTY is at 3634.75 (0.71%). IT stocks are gaining strength as CNX IT a percentage point.

On the CNX IT, 18 stocks are advancing while 2 are declining. Rolta continued to be a hot IT pick as was visible in the past 2 - 3 weeks of trade. The stock opened at 355.00, saw an intraday high of 370.80 and intraday low of 355.00 so far and is currently trading 365.75 (+4.02%)

Other stocks getting some good buying are MPhasis, CMC, Wipro and IGS while Hexaware and Financial Technologies have lost a bit  and are trading in red.

Entry Filed under: Equity Markets, IT & ITes

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