It is close to two years that as a sector IT stocks has been getting all the negative reviews from analysts. In this painting all with the same brush, some of the mid-cap stocks where the business is not just servicing a big client but operating in a niche area have also got ignored. However, now a divergence is appearing. While Infy might have cracked after its Q2 result, some mid-cap and small cap witnessed a sharp rise post their result. It is probably a time to take a look at each company separately rather than just looking at what stocks like TCS and Infy are doing and take a call on the overall sector.
This is no fire sale. Don’t rush into markets, wait for stronger signals: Deepak Shenoy
Indian markets had shown some signs of recovery in the last week, however, remain volatile due to ongoing global and domestic uncertainties, making it crucial
March 11, 2025