Stock Market IT Companies: If you are planning to invest in the stock market of the IT sector. Then this news will prove to be of great use to you. It is known that the year 2022 has been full of ups and downs for the stock market. Investors who bet on many big companies of the IT sector this year have also suffered losses.
Great opportunity for investors
In this year 2022, investors have been disappointed with the IT sector. Nifty IT Index-2022 has seen a decline of up to 31 percent. On the other hand, the Nifty has declined only 2.5 percent. In the midst of this decline, there is also a great opportunity for investors.
these are stocks
Let us tell you that the brokerage firm has identified some stocks which can perform better in the coming time. Brokerage house PhillipCapital’s estimates that the shares of TCS (TCS Stock) can go up to Rs 4200 in the coming time. The brokerage firm has given a target price of Rs 1930 for Infosys, Rs 5440 for Larsen & Toubro Infotech, Rs 4350 for Mind Tree, Rs 5010 for Coforge, Rs 4420 for Persistent Systems and Rs 3080 for Mphasis. Is. It is known that PhillipCapital’s has given ‘Buy’ rating to the shares of all the companies.
will get great returns
According to the brokerage firm, it is expected that the revenue of the IT sector will increase from 2.2 percent to 7.1 percent in the coming days. Due to a lot of turmoil in the IT sector, there has been a deep hurt. Due to this, there has been a decline in the shares. Whereas amidst these fears of recession, this IT stock can give great returns in the long term.
Disclaimer: The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. From ABPLive.com it is never advised to invest any money here.
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