Tag: it sector

For 2022 analysts are betting on IT services, telecom and financials

Friday, December 31, 2021
With the frontline indices – the S&P BSE Sensex and Nifty 50 – surging over 20 percent each and to hit new highs during the calendar year despite threats from Coronavirus variants – Delta and Omicron, high crude oil prices, and change in monetary policy stance by central bankers around the world, the Dalal Street witnessed a record-breaking 2021. Sector-wise, 2021 belonged to power, metal, realty, and information technology sectors that were among the top performers in the year gone by. The phenomenal subscription levels of some of the initial public offers (IPO) and stellar listing saw the BSE IPO index notch up gains of around 54 percent during the year, data show. Read more