Many long term investors have been busy cherry-picking high quality names among IT stocks after they were hammered on fears related to recession, margin compression and deal wins. Mphasis, Tech Mahindra, Wipro, LTTS and LTIMindtree are still down at least 30% from their 52-week high levels.
Global Market Today: Asian stocks advance, crude oil holds decline
Asian stock markets experienced a notable rise as easing US inflation rates and declining oil prices alleviated concerns regarding potential interest rate hikes. South Korea’s