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Hello, you have tuned into ETMarkets Investors’ Guide, a show about asset classes, investment ideas and market trends. I am Nikhil Agarwal.

While the Nifty shot up by 3 per cent last week, Nifty IT index remained under pressure as it recorded a dip of 2.8 per cent. On the weekly chart, Tech Mahindra was the biggest loser with a 6 per cent drop. Other IT largecaps like TCS, Infosys, HCL and Wipro also ended in the negative.

In today’s special podcast with independent market expert Rajiv Nagpal, let’s understand what’s going on in IT stocks.

Listen in.

Welcome to the show Mr Nagpal.
1) What was behind the weakness seen in IT stocks last week?
2) After the sharp rally seen last week, does ITC still fall in the category of value stock? Is it still undervalued?
3) Sectorally speaking, Nifty Metal was the biggest gainer as it rallied 7.4 per cent. Tata Steel was up almost 7 per cent. Can you explain what’s happening in this pocket and can it be a good trade for the next week?

Thank you Mr Nagpal. That’s all in today’s special podcast. But do keep checking this space for more such interesting content. Good bye!

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