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Q.

What is the wise adivse about investment in IT shares in the present volatile situation plus the rupee/dollar conditions. Thank you for your sincere answer.

About: Company: 3i Infotech Ltd.

Tags: dollar, rupee, sincere answer
Asked by Babu Abraham, 21 Jan '08 06:44 pm
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Answers (3)

1.

Rupee appreciation will always have the impact on IT stock.There will be a growth but at a snail speed.It is better to trade fro short term like 3i infotech. better to invest in natural resources,ferrous and steel, construction as they have spear head pace
Answered by nADEEM MUHAMMAD, 29 Jan '08 01:23 pm

 
  
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2.

Not advisable. You are getting RIL,RELCAP,TISCO,SAIL, ICICI, HDFC at cheap rates and visible earning estimates. Do NOT enter stocks which seem cheap but do not have visible earnings growth like INFY. They will only give dud bounces.
Answered by Anupam Chakrabarti, 21 Jan '08 06:58 pm

 
  
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3.

MIdcap it stocks like 3i offer good value for money. But be cautious in investing in the current downslide in the market as a whole.
Answered by Rama Krishna, 21 Jan '08 06:48 pm

 
  
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