ETMarkets’ Investors Guide: Is the worst in IT stocks over already?
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IT stocks have been the worst performer in 2022 with the IT index down around 23% on a year-to-date basis. Following the weakness in rupee in the last few days, stocks of IT exporters have been in demand. But will this rally sustain?
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The 30-share Sensex ended 491 points higher at 58,411. Its broader peer, Nifty50, ended at 17,311, up 126 points.
Published 10/17/22
Published 10/17/22
IT stocks have been among the worst sectoral performers on Dalal Street this year. The top 3 worst Nifty performers in 2022 are all IT stocks - Wipro, Tech Mahindra and HCL Tech.
Published 10/16/22
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