ReferIndia News IT sector valuations highly attractive after 21% YTD slump; Coforge, Infosys, TCS among top IT stocks to buy: Nuvama

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IT sector valuations highly attractive after 21% YTD slump; Coforge, Infosys, TCS among top IT stocks to buy: Nuvama

Published on: March 11, 2026, 11:21 a.m. | Source: Livemint

Indian IT stocks have undergone massive value erosion over the last few months amid fears of Gen-AI affecting the long-term business model of sectoral companies. The Nifty IT index has plunged 21% YTD, with large-cap IT stocks falling 20% and midcaps IT stocks correcting 25% over the same period.

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