Sunday 2 September 2007

IT - ITES - BPO stocks


As per NASSCOM ( National Association of Software and Services Companies ) reports, the ITES-BPO segment is growing at the rate of 30% year over year. The companies also started expanding to new markets inorder to substantiate the Rupee - Dollor appreciation which cuts their revenues a lot due to more US business. Nortgate Technologies, Allied Digital Services and Allsec Technologies are good picks in this racing sector.