On Friday, Information Technology (IT) was the only industry segment keeping the market afloat. Infosys made an astounding 17 per cent move and it was backed by large moves from TCS, HCL Tech, Wipro, and so on. Only 14 stocks out of the top 100 registered gains and seven of these were from the IT sector.

><table width='100%' border=0 cellspacing=0><tr><td style='FONT-FAMILY: Arial; FONT-SIZE: 18px; FONT-WEIGHT: bold; COLOR: #0253B7;'>Either go long on IT sector or wait for now</td></tr><tr><tr><td style='FONT-FAMILY: Arial; FONT-SIZE: 11px; '>Given Infosys is assuming the rupee will remain weak, it

Either go long on IT sector or wait for now

Given Infosys is assuming the rupee will remain weak, its worth watching for signs of weakness in the markets and a falling rupee

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