September losses in Indian IT stocks
Nifty IT fell more than 11% in September, compared with a 6% decline in the Nifty 50. Infosys, Wipro and Tata Elxsi traded at 52-week lows; Citi cut its TCS target price and maintained a Sell rating.
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Timeline
Tuesday, 29 September
- Nifty IT cracks 11% in Sept; Infy, Wipro, Tata Elxsi trade at 52-week lows
Nifty IT fell over 11% in September, versus a 6% decline in the Nifty 50
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