Quite a different picture on the markets from earlier this morning as we approach 10am. The FTSE100 has popped its head above the waterline and India seems to have taken the cue with Sensex up 2.4%. Almost all the top Indian SIs are seeing their shares recover (but not to prior levels) though the response is mixed in UK tech, with ITSAs (IT staff agencies) particularly bright after Harvey Nash’s upbeat interims results but generally the FTSE software and IT services index is down 5%. I’ll have more comment on both Harvey Nash and Misys later but probably after our daily email goes out, so if you don’t want to wait till tomorrow, tune in to our UKHotViews website late this morning (and indeed any other time you like!).
Tuesday, 30 September 2008
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