TCS, Persistent: Breakout in IT index may trigger up to 9% rally in stocks

Shares of Tata Consultancy Services, Infosys, HCL Technologies, Coforge and Persistent Systems are indicating chart structures that reflect resumption of their short-to-medium term upmove.

Avdhut Bagkar | Mumbai
Last Updated at February 3, 2023 11:47 IST

Persistent Systems recorded a new 52-week high on Thursday

Information technology (IT) shares are witnessing a robust rally, especially post the Budget 2023, with trading momentum experiencing a follow-up buying sentiment. Shares of Tata Consultancy Services, Infosys, HCL Technologies, Coforge and Persistent Systems are indicating chart structures that reflect resumption of their short-to-medium term upmove.

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