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Bloomberg Quint

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Image Credit: Bloomberg Quint

Coforge, Persistent Systems Drag Nifty IT To 10-Month Low

  • Shares of information technology companies continue to decline, dragging Nifty IT to a 10-month low.
  • Nifty IT has fallen nearly 8.45% this week and over 22.36% this year.
  • Coforge, Persistent Systems, and LTIMindtree are among the midcap stocks leading the decline.
  • JPMorgan sees buying opportunities emerging for top-tier IT companies like TCS, Infosys, and HCL Tech.

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