infosys: Nifty IT index stocks: Why is everyone so bearish?

infosys: Nifty IT index stocks: Why is everyone so bearish?

If one looks at the recommendations of analysts, it appears that all of sudden they are finding everything wrong with IT stocks. Of the ten stocks, only two are buy and one stocks which till few quarters back was considered a must have in a portfolio is now having a sell reco. What has changed so dramatically, has it been any fundamental development or it is readjustment of the valuations. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.

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