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Nifty IT hits fresh 1-year low, all shares in red after Infosys earnings. Which stocks to Buy/Sell?

The IT stocks were in a free fall on Monday after Infosys Q4 earnings missed estimates. The Nifty IT index nosedived to hit a fresh 1-year low, with all stocks in the red. Experts believe other IT companies may also report a weak quarter, especially in the US market. ....

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Markets in a 9-days rally, longest since Oct 2020; IT stocks nosedive, Infosys top loser ahead of Q4

IT stocks are under pressure after TCS reported mixed numbers in Q4FY23 and also missed street s expectations. Infosys is the next in line to announce its Q4 result after market hours on Thursday. ....

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TCS vs Infosys: Hiring, dividends, order books among 5 key things to compare in Q4FY23

Among the positives would be large deal wins and a sharp decline in attrition rate in Q4 for both companies, however, broadly the performance elevated uncertainty ahead. ....

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Why investors dumped IT stocks ahead of TCS earnings?

The IT sector is expected to report a seasonally weak quarter in Q4FY23. .TCS will announce its Q4 results on April 12 followed by Infosys on April 13. Others will follow suit. .TCS dipped overall by 2%, while Infosys almost neared its 52-week low. ....

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IT firms likely to record muted hiring in Q4. What to expect from TCS, Infosys results?

In its IT sector preview report, B&K said that, almost all companies have mentioned that they have either paused the fresher hiring or getting cautious towards the same. ....

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