HomeInformation Tech (IT)After 18-month slump, IT sector fortunes seen turning the corner

After 18-month slump, IT sector fortunes seen turning the corner

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The market’s reaction to earnings was reflected in the performance of IT stocks like Infosys and TCS, which saw significant gains. Infosys secured cheers from analysts and many brokerages raised their stock price targets for the IT major. TCS shares moved 6.7℅ up last week and Infosys 6.3℅. HCLTech moved 4.9℅. Wipro moved 2.48℅ in the same week.

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