IT Stocks Buy the Dip: Huge fall in shares of TCS, Infosys and Wipro, is this a golden opportunity to buy?

News India Live, Digital Desk: There is a period of ups and downs in the shares of IT sector in the Indian stock market for the last few sessions. The decline in the shares of the country’s leading IT companies TCS (Tata Consultancy Services), Infosys and Wipro has left investors in confusion. Should you take advantage of this decline and adopt the ‘Buy the Dip’ strategy? Let us know the opinion of experts and what the market data says. Why are the shares of IT companies falling? There are many global and domestic reasons behind this decline in the IT sector: Decrease in global demand: Due to the recession in the markets of America and Europe, the budget of IT projects has been cut. Impact of quarterly results: Pressure on the margins of companies has been seen in the recent quarterly results, due to which the confidence of investors has wavered. Game of interest rates: Global Possibilities of change in interest rates by central banks have also put pressure on tech stocks. TCS, Infosys and Wipro: Where is the investment opportunity? Company nameCurrent positionExperts viewTCS near support level with strong fundamentals. Considered a safe investment for the long term. Infosys under pressure due to change in growth guidance. “Wait and watch” advice, buy gradually at lower levels. Change in Wipro management And facing margin pressure. Recovery may take time, only risk taking investors should consider. What do market experts say? Market analysts believe that this decline in the IT sector may be temporary. The “Buy the Dip” strategy is better for investors who have a time horizon of at least 2 to 3 years. According to experts, IT companies can make good returns in the future on the basis of digital transformation and AI (Artificial Intelligence). Warning: Investing in the stock market is subject to risks. Before investing money in any stock, definitely discuss with your financial advisor.

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