Page 3 - Tech Mahindra Ltd News
IT stocks slide as misquoted tweet sparks confusion; what really happened
Nuvama, in a recent report, upgraded the IT sector to 'Overweight' from 'Underweight', noting that the space has largely become a trading and relative valuation call
 "IT stocks slide as misquoted tweet sparks confusion; what really happened")
Why did Nuvama downgrade BFSI, upgrade IT & Reliance Ind? Find out here
According to the Nuvama report, the deflationary impulse from tariff-driven global slowdown is likely to hurt domestic cyclicals the most.
 "Why did Nuvama downgrade BFSI, upgrade IT & Reliance Ind? Find out here")
CLSA stays upbeat on Indian IT stocks; check rationale, top picks here
The Nifty IT index has fallen by 18.1 per cent so far this year, the worst among key sectors. During the same period, Nifty has risen by 3.8 per cent
 "CLSA stays upbeat on Indian IT stocks; check rationale, top picks here")
Nifty IT rises 5% in 1 week; will Fed rate cut aid further rally in stocks?
Among individual stocks, Infosys, Wipro, Oracle Financial Services Software, and Mphasis shares rose 3 per cent each on Monday
 "Nifty IT rises 5% in 1 week; will Fed rate cut aid further rally in stocks?")
IT shares in focus; Infosys, TCS, Coforge rise up to 3%; Buy, sell, hold?
However, thus far in the calendar year 2025, Nifty IT index has underperformed the market by falling 18 per cent, as against 5.5 per cent rally in Nifty 50.
 "IT shares in focus; Infosys, TCS, Coforge rise up to 3%; Buy, sell, hold?")
IT companies' valuation hits 5-year low amid selloff by investors
The sector is trading at a discount to the BSE Sensex and trailing price/earning (P/E) multiple for the first time in the past four years
Analysts at Angel One recommend buying these two stocks today; check why
From the April swing low near 1180 to the June peak around 1700, the Tech Mahindra stock saw a strong rally, followed by a month-long price correction.
 "Analysts at Angel One recommend buying these two stocks today; check why")