The brokerage said Tata Consultancy Services, LTIMindtree, HCL Technologies, and Mphasis are most at risk of multiple downgrades while Infosys, Wipro, and TechM face greater earnings risks.
CAS chaos triggers liquidity spiral: Nuvama says higher participation needed to break cycle
BSE’s new Closing Auction Session has faced weak participation, with Nuvama reporting sharp declines in option premium volumes and contracts. Thin liquidity is creating a