1 min read.Updated: 22 Sep 2022, 11:31 AM ISTLivemint
Infosys shares hit 52-week low level of ₹1,360 on the BSE in Thursday's early deals
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Shares of Tata Consultancy Services (TCS) and Infosys have fallen significantly this year amid the underperformance of the Indian IT stocks as analysts see more pain for the sector and a potential slowdown in dollar revenue growth in the face of impending macroeconomic stress. The IT index has been one of the worst hit sectors, falling over 27% so far this year, underperforming benchmark Nifty 50 index.
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