Rich valuations could be a drag on Tech Mahindra stock: Analysts

Tech Mahindra shares saw a decline of 2.7% after first-quarter results missed expectations. This made it the biggest loser on the Nifty. Other IT stocks also experienced a downturn. LTI Mindtree, Persistent Systems, and Infosys were among the major decliners. Analysts have mixed opinions on Tech Mahindra’s future. Some cite high valuations as a concern.

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FPIs withdraw Rs 48,056 cr from D-St in Oct

Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation

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