it companies: IT gives bears a bull hug: what is driving the rally in tech stocks?
The expectations from them were never great, but they did exceed most performance parameters with consummate ease. So much so that the relative stragglers in the current bull run in Indian stocks, technology companies single-handedly carried broadest benchmarks to new records through the first two weeks of January, belying odds of muted earnings performance in a quarter that is traditionally sluggish for the outsourcing majors.At first glance, of course, the demonstration of investor confidence in a hitherto neglected…