Nifty IT index slips 4%; TCS hits 52-week low, TechM, Persistent down 6%

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Nifty IT index slips 4%; TCS hits 52-week low, TechM, Persistent down 6% - Business Standard

Quick Summary:

However, policy changes under the Trump administration risk increasing uncertainty.

This, if it spreads, could put Street’s (and ours) FY26 growth estimates at risk,” the brokerage firm in a sector report.

Meanwhile, Tech Mahindra (down 6 per cent at Rs 1,497.20), Persistent Systems (down 6 per cent at Rs 5,171.20), Mphasis (down 5 per cent at Rs 2,249.20), Wipro (down 5 per cent at Rs 281.05) and LTIMindtree (down 4.4 per cent at Rs 4,663.05) were down between 4 per cent and 6 per cent.