Home > Market View, Stock Ideas > Is Infosys going to lead this rally?

Is Infosys going to lead this rally?

Friday, July 24, 2009 Leave a comment Go to comments

It looks like INFOSYS might finally come out of slumber and be the face of this rally. Despite all the negative news about the IT sector, the stock is trading at new highs.(around 2000)

If we look closely, Infosys is finally manging to get deals in the domestic IT space and going by the trend, e-goverannce spend might be huge in coming years. So markets might fancy this stock despite tough US conditions.

Watch out for this old darling of stock markets. There is a good chance that this is an outperformer in the coming months.

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  1. Murtaza
    Friday, July 24, 2009 at 4:45 pm

    Dear Sage,

    Welcome back to the Big Bangs.

    I did visit the blog many a times inbetween but looked like u had shut shop permanently. Also sent u mails but no replies šŸ˜¦

    Anyways — what a way to start your blog — very contrasting – where u left off and where u have started off – at Infy – at that time u were completely against it and now u r completely for it.

    The buy and hold walla’s are laughing all the way to the bank – including me šŸ™‚ (rememeber 300 Infy @ 1550/-)

    Chal more later — catch ya 2morrow.

    Murtaza

    • sagecapital
      Friday, July 24, 2009 at 5:00 pm

      I have been on a study break and will resume extensive blogging in a month or two.
      Your observation about Infosys is absolutely correct- I have never recommended that stock in last few years. But now times might be changing and Infosys might regain its lost glory!

  1. Thursday, September 17, 2009 at 7:51 am
  2. Monday, August 10, 2009 at 9:52 pm

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