New Delhi, Sept. 30 -- Indian IT stocks have been in the news recently. and not for positive reasons.
A torrent of bad news has impacted investor sentiment surrounding these stocks.
Even long-term investors are now worried about the future of these companies.
One look at the chart of the BSE IT Index will tell you the concerns are genuine. Essentially, over the last four years, the index returns have been zero.
Sure, there have been bullish periods. The spectacular rally after the covid crash in 2020 made the sector one of the best performers on the stock market.
The rally from April 2023 to December 2024 was also quite profitable for investors.
But all things considered, the long-term returns-barring a few exceptions-have bee...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.