CLSA’s downgrade of TCS and HCL Tech led to a selling spree in IT stocks. TCS shares fell 2% due to weak growth outlook and downside risk to FY25 estimates. Smaller IT counters were also affected.
Nifty Outlook: Analysts pick key levels and stocks to watch
Nifty has experienced a decline for four straight weeks, breaking through the crucial 24,000 support level. Experts recommend adopting a market-neutral approach to capitalize on