Are IT stocks still the gold rush?
A strong rupee adversely impacts the profits of IT companies (they earn less rupees against every dollar earned) and may affect their sales targets.Market analysts believe if the rupee continues to rule strong, IT companies will be forced to revisit the guidance they had given for the next quarter (first half 2007-08).
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Thursday, December 27, 2007
Tech Sector Outlook: What to expect?
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