Unlike some of their larger peers, who are anticipating a slower growth rate in 2012-13, many mid-cap information technology(IT) companies are expecting to expand faster than the 11-14 per cent industry growth rate predicted by the National Association ...

Indian markets settled on a lower note as rupee tumbled to an all-time low amid fears of slowing economic growth. The market opened positive tracking the US markets which closed in the green yesterday with Dow Jones up more than 1% on Monday.

They are not falling as much because global trends are a bit strong. But overall these stocks are also weak and chances are Infosys will get down to Rs 2150-2200.

Saraogi told CNBC-Awaaz, "Hexaware is looking good in midcap IT stocks; one should buy the stock with a stoploss of 119. It may touch Rs 131 in coming days.

In an interview with ET Now, AK Prabhakar, Senior VP-Equity Research, Anand Rathi Financial Services, speaks about the market. Excerpts: ET Now: Do we head higher from these levels looking at what is happening in Europe as well or do you think that ...