HCLTech’s strong deal pipeline affirms a sustained long term momentum amid short term weakness

​​​Given this, the stocks of the top tier IT exporters are expected to remain under pressure in the short term. The ET Infotech index has lost 10.9% over the past three months compared with the 2.9% loss in the broader market ET 100 index and 1.6% loss in the benchmark S&P BSE Sensex.

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