Global brokerage Jefferies has slashed price targets by up to 33 per cent on eight major Indian IT firms, including TCS, Infosys and HCLTech, citing concerns over demand outlook and sector headwinds.
IT stocks came under focus after global brokerages Jefferies, CLSA and HSBC cut target prices on major companies, including Wipro, Infosys and TCS by up to 11%.
Jefferies, Citi, Goldman Sachs, JP Morgan, and UBS have released their top stock picks for November—spanning pharma, infrastructure, FMCG, banking, and real estate. Many of these stocks are backed by ...
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