REDF and SIFY follow the US Internet stocks
The markets are fairly different. US market is growing but closer to the to of the "S" curve of typical growth industries [growth slow first, then rapid growth, then slow again, as the industry matures)]-the Indian internet is at the bottom of the "S" wanting to take off. A lot of money is the Indian Internet sector, and if Rediff can capitalize on it's email services and SIFY on its brand, both are long terms winners for the stockholders.
Sanjay John G.