Expert: Milan Vaishnav
The markets have finally attempted a breakout as Nifty has moved well above the crucial falling trendline resistance. Presently, Nifty is within a kissing distance of the 18000-mark. While all these bullish market moves happened, the IT sector in general experienced heavy relative underperformance.
While both the largecap and midcap IT stocks showed relative underperformance, the IT sector continued to lose its relative