Infosys, HCL Tech, Coforge, other IT stocks rise up to 3% a day after a massive crash. What lies ahead?

June 22, 2026

IT stocks rebounded after a sharp sell-off triggered by Accenture’s guidance cut, with gains led by Coforge and Tech Mahindra. Analysts see valuations turning attractive but caution that volatility may persist. Technical indicators remain weak, with key support and resistance levels suggesting markets need stabilisation before any sustained recovery.

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Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings

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Finolex Cables shares fall 5% after rallying 20% during Muhurat Trading session. More upside ahead?

Finolex Cables shares fell after a 20% upper-circuit rally during Sunday’s Muhurat Trading session, giving back some of the Rs 3,334 crore market-cap gain. The

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