Midcap IT Stocks Tumble: Is This a Buying Opportunity or Just the Beginning?
Midcap IT stocks like Persistent Systems, Coforge, and Mphasis saw significant declines on April 3, leading the Nifty IT index downturn. The sector has fallen 17% year-to-date, with midcap IT firms experiencing sharper drops than larger players like TCS and Infosys. The decline follows US President Trump’s imposition of 26% reciprocal tariffs on India, though IT services remain unaffected directly. Analysts suggest potential indirect impacts due to slower US GDP growth, affecting demand in manufacturing, retail, and logistics. Brokerages like JPMorgan see opportunities for relief rallies in beaten-down stocks like Coforge and Infosys, while advising caution on TCS and Wipro.
IT stocks, Nifty IT index, Persistent Systems, Coforge, Mphasis, TCS, Infosys, Wipro, midcap IT, US tariffs, Trump administration, GDP impact, interest rates, brokerage recommendations, stock market crash, relief rally
sensex
gift nifty
gift nifty live
coforge share price
sensex today
nifty
nifty 50
bse sensex
gift nifty today
nifty today
market today
share market
stock market today
stock market
gift nifty live today
global market live
share market today
sensex today live
us market live
nasdaq live
infosys share
nifty it
global market today
nifty50
bse sensex today
nifty 50 chart
nifty 50 today
gift nifty index
#ITStocks, #StockMarketCrash, #MidcapIT, #PersistentSystems, #Coforge, #Mphasis, #NiftyIT, #TCS, #Infosys, #Wipro, #TrumpTariffs, #USIndiaTrade, #InterestRates, #Investing, #ShareMarket, #Sensex, #GiftNifty, #GiftNiftyLive, #CoforgeSharePrice, #SensexToday, #Nifty, #Nifty50, #BSESensex, #GiftNiftyToday, #NiftyToday, #MarketToday, #StockMarketToday, #StockMarket, #GiftNiftyLiveToday, #GlobalMarketLive, #ShareMarketToday, #SensexTodayLive, #USMarketLive, #NasdaqLive, #InfosysShare, #NiftyIT, #GlobalMarketToday, #BSESensexToday, #Nifty50Chart, #Nifty50Today, #GiftNiftyIndex
コメント