MORE CANBERRA SPORT "Rugby is a truly global game

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canada goose coats What should investors do if they want to invest in the IT space?A) IT players witnessed an exceptionally good set of numbers which surprised the street as most expected this quarter to be a washout.Operating margin expansion was aided by a reduction in travel expense, forex gains, cuts in SG costs and other operational efficiencies due to the lockdown.For Infosys, revenues from segments like financial services, healthcare and lifescience segment saw healthy traction and retail segment was hit hardest.Given the healthy deal pipeline of IT players and ingrained WFH culture, executing future projects should not be a barrier. New deals though will slowly pick up pace but demand will reach pre COVID levels once the situation normalises.Although the growth expectation is still in line with the past trajectory the trigger from so called possible further cost reduction has re rated IT stocks in India.Given the recent run up in IT stocks, it would be advised to investors to wait for a 10 12 percent correction and then rely on a basket approach to invest in this space.Q) Twitter Bitcoin hack is something which came out of the blue. A similar scam happens when retail investors, especially the new age ones, get charmed by the SMS or email promising to give superior returns canada goose coats.


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