In Tuesday’s trading, information technology companies such as TCS and Infosys managed to strengthen despite the overall weakness in the market. Investors and traders consider these shares as safe investments in case the market sentiment deteriorates further. On Tuesday, the Nifty IT Index experienced a 1% surge, while the benchmark Nifty remained almost unchanged. This reinforces the perception that IT stocks are a defensive option in uncertain times.
Large-cap IT Stocks in Catch-Up Mode, Manage to Hold Firm
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