RTRS:MARKET EYE-Indian IT stocks fall on rupee worries, valuations
* Shares in Indian technology drop after the rupee
rises to four-month highs, raising worries about the impact on
overseas profits.
* Valuations also play a role: Tata Consultancy Services
drops 5 percent after hitting a record high of 1,439.80
rupees on Friday, when the shares had initially gained after the
Fed's new asset purchase programme.
* Infosys shares fall 2.6 percent after gaining 3
percent on Friday.
