The Performance of Indian Stock Market: An Analytical Study on IT Sector from an Investor's Perspective
Thomas Asha E. (2014).The performance of Indian stock market: An analytical study on IT sector from an investor’s perspective. Pauline Journal of Research and Studies, 2, (1), 169-182. ISSN:2347-3843
Posted: 11 May 2021
Date Written: March 12, 2014
Demand from emerging countries is expected to show strong growth going forward. IT sector has made significant contributions to India's economic growth in terms of GDP increase, foreign exchange earnings as well as employment generation. Its contribution to GDP has increased almost tenfold in the last decade, from 2009-10. The sector has helped India transform from a rural and agriculture-based economy to a knowledge based economy. Besides this, the lives of people have been positively influenced by direct or indirect contribution of IT sector to various parameters such as employment' standard of living' per capita income etc. While investing, one must always invest in a company that operates in a sector with bright long term prospects. Further, the company's future prospects should also be seen. Moreover one should invest in these companies at the right price i.e. when the market offers an attractive discount. The present study analysis the prospects of investment in IT sector. The study uses the financial performance results of top four companies in the sector for a period of five Years.
Keywords: Indian Stock Market, Information Technology (IT), Investment
JEL Classification: G00, G12
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