Is there a module available for connection of MSSQL and python 2.7?
I downloaded pymssql but it is for python 2.6. Is there any equivalent module for python 2.7?
If you're coming across this question through a web search, note that pymssql nowadays does support Python 2.7 (and 3.3) or newer. No need to use ODBC.
pymssql
From the pymssql requirements:
Python 2.x: 2.6 or newer. Python 3.x: 3.3 or newer.
See http://pymssql.org/.