Shares of IT companies such as Infosys, Tata Consultancy Services (TCS), and Wipro were trading in the negative territory on Tuesday, a day after Infosys refrained from providing growth projection for FY21 during its March quarter results announcement, in line with its peers, owing to uncertainties around the Covid-19 pandemic. Further, investor sentiment also took a hit after US President Donald Trump announced a temporary suspension of immigration into the country.
Here's a look at what technical charts indicate for Nifty IT and key stocks -
NIFTY IT: The counter is waiting for a breakout above 13,000
Here's a look at what technical charts indicate for Nifty IT and key stocks -
NIFTY IT: The counter is waiting for a breakout above 13,000