63 IT stocks hit 52-week lows
Taking a cue from a fresh downtrend on Nasdaq and other Asian markets, as many as 63 IT scrips breached their 52-week lows on February 22, while many more were trading close to this mark. Infact, the Indian bourses have seen select IT scrips crash 15-39% over the last one month due to concerns over future earnings.

Savvy finds Aptech's decision a sour apple
Institutional buying and selling figures would make little sense. After all, the net effect was the same. In a show of solidarity, old economy stocks joined hands with their new economy counterparts on their way down. It was as if all the bad news had descended on Dalal Street at the same time.

Communication link breakdown hits trading on NSE
The trading activity on the NSE was affected in the last few minutes before the close of the market due to a breakdown in the communication links. Members were unable to receive confirmations for their orders during this period.


  Tech stocks to remain weak


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