TCS, Infosys & HCL Tech at 52-Week Lows: Is this India’s best contrarian trade in years?
After a torrid few months, India’s IT sector is looking deeply unloved. The Nifty IT index has plunged to multi‐year lows, down roughly 26% year‐to‐date and many heavyweight names like TCS, Infosys, and HCL Technologies are trading around their 52‐week lows.
What’s behind this sharp downturn?
