According to Salil Sharma, Technical Analyst, Partner, kapursharma.com, “The IT space is likely to underperform in the short term. An investor with atleast a 3-month horizon can look at contrarian buys in TCS and Tech Mahindra."
TCS opened at Rs 2,110 and had touched a low of Rs 2,062 till 1045 hrs. A total of over 3.5 lakh shares changed hands on the BSE and NSE counters.
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