Chart Test: Nifty IT drops 11% in April; Is it time to purchase TCS, HCL Tech?

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Total, the Nifty IT index has fallen 19 per cent from its historic peak of 39,446 recorded in early January, 2022. The charts point out 31,000 to 30,000 as the buildup vary for the index.

TCS | HCLTech | Nifty IT Inventory

Avadhoot Bagkar |

The Nifty IT index is likely one of the largest losers in April to this point. The index has fallen greater than 11 % from its latest excessive of 36,800 and continues to float decrease amid earnings season.

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First revealed: Tues, 26 April 2022. 12:50 IST

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