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Infosys, HCL Tech, Coforge, other IT stocks rise up to 3% a day after a massive crash. What lies ahead?
IT stocks rebounded after a sharp sell-off triggered by Accentures guidance cut, with gains led by Coforge and Tech Mahindra. Analysts see valuations turning attractive but caution that volatility may persist. Technical indicators remain weak, with key support and resistance levels suggesting markets need stabilisation before any sustained recovery.
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economictimes.indiatimes.com
Nifty IT crashes 6% to 3-year low as Infosys, HCL Tech, other IT stocks crash up to 9%. Time to buy the dip?
The Nifty IT index slumped over 6% to a three-year low after Accentures guidance cut triggered a sharp sell-off in Infosys, TCS, HCLTech and other IT stocks. While some experts…
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thehindu.com
Nifty IT stocks dip as Accenture shaves revenue guidance
Nifty IT index falls 5.6% as Accenture revises revenue guidance amid macro uncertainties and West Asian conflict impacts.
