Nifty IT correction deepens: Index down 27% from peak, gap with 52-week lows narrows; Infosys, Wipro, TCS near record low – Buy the dip? – Markets

Nifty IT correction deepens: Index down 27% from peak, gap with 52-week lows narrows; Infosys, Wipro, TCS near record low - Buy the dip? - Markets


Infosys shows a similar trend, the counter is currently trading at Rs 1,196.9, the stock is down Rs 531.1 from its 52‑week high of Rs 1,728, and is only Rs 107.9 above its low of Rs 1,089. HCLTech is even nearer to its low. The stock is trading at Rs 1,179.4, just Rs 76 above its 52‑week low of Rs 1,103.4. From its high of Rs 1,780.1, it has eroded Rs 600.7.



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