IT Stocks Crash: Nifty IT faces worst month since 2008; Check upside potential
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CNBC TV1824-02-2026, 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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