IT Stocks Crash: Nifty IT faces worst month since 2008; Check upside potential

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CNBC TV18•24-02-2026, 09:47
IT Stocks Crash: Nifty IT faces worst month since 2008; Check upside potential
- •Nifty IT index down 19% in February, set for worst month since September 2008 Global Financial Crisis.
- •All 10 Nifty IT constituents are down over 10% year-to-date; six are down 20% in two months.
- •Coforge is the worst performer, down nearly 25%, but analysts see 51% upside potential.
- •Wipro, Persistent Systems, LTIMindtree, and Infosys also saw significant drops, ranging from 20% to 23.5%.
- •Despite the sell-off, many analysts maintain 'buy' ratings, projecting substantial upside potential for these stocks.
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