 "IT firms")
After leading the market rally for nearly two years since the outbreak of the Covid-19 pandemic in 2020, India’s top IT services companies — such as Tata Consultancy Services (TCS), Infosys, Wipro, HCL Tech, and Tech Mahindra — have lost sheen in April.
The combined market capitalisation of the big five IT companies that are part of Nifty50 index has declined nearly 10 per cent so far in April, against just 1.3 per cent decline in the benchmark during the period.
The big five closed Thursday with a combined market capitalisation of Rs 26.84 trillion, down from Rs
The combined market capitalisation of the big five IT companies that are part of Nifty50 index has declined nearly 10 per cent so far in April, against just 1.3 per cent decline in the benchmark during the period.
The big five closed Thursday with a combined market capitalisation of Rs 26.84 trillion, down from Rs
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