Market breadth turns negative from positive
February 4, 2015
Tech Mahindra fell 1.14% to Rs 2,883.65. Tech Mahindra and Aeris, the Made for Machines technology and service provider, announced during trading hours the launch of Jumpstart Internet of Things (IoT) service solution that provides the blueprint for mobile operators to build a scalable and profitable IoT business. According to the Machina Research M2M Forecast Database, global M2M and IoT services spend is expected to reach $126 billion in 2015, with a 23.5% CAGR through 2020.
