While the front-line IT stocks have started to show momentum, there are some good trade setups seen in the midcap IT space as well. This mid-cap IT Services and Consulting company has shown indications of some potential reversal of trend and up-move in the prices over the near term.
India raises $73 bn in forex inflows at record pace
India has mobilised $73 billion in foreign exchange inflows in less than 11 weeks, surpassing the scale and pace of the RBI’s 2013 FCNR(B) swap