Infosys, HCL Tech, Coforge, other IT stocks rise up to 3% a day after a massive crash. What lies ahead? (opens original article in a new tab)
IT stocks rebounded after a sharp decline, with Nifty IT index up 1.3%, as analysts noted attractive valuations but cautioned about ongoing volatility.
- IT stocks rebounded 1-3% after hitting record lows
- Nifty IT index rose 1.3% to 27,785 on Monday
- Accenture's revised guidance and lower revenue projections caused earlier sell-off
- Analysts note attractive valuations but warn of continued volatility
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