Tech Stocks Slump Tcs Hcl Tech Wipro Drop Up To 15 In July Drive Nifty It Down Nearly 10

business tech stocks slump tcs hcl tech wipro drop up to 15 in july drive nifty it down nearly 10

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In July, Indian tech stocks suffered significant losses, with the Nifty IT index down 9.4%. Major companies like HCL Technologies and TCS reported disappointing quarterly results, prompting analysts to lower target multiples amid ongoing trade tensions and uncertain economic outlook.

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