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Nifty IT index crashes 28% YTD. Buy or wait, as renewed US-Iran tension may jeopardise crude oil supply again?

As reported by mint - markets
Indian IT stocks have declined 28.71% YTD, outpacing the Nifty 50's 8.32% drop due to concerns over slowing global spending. Analysts suggest a tentative recovery, influenced by delayed client decisions and geopolitical tensions, as traditional growth models face disruption from AI.
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Indian IT stocks have experienced a significant year-to-date decline of 28.71%, far outpacing the Nifty 50's 8.32% drop. This underperformance is primarily due to concerns over slowing global tech spending and delayed client decisions. Geopolitical tensions and the disruptive…

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