60% of Nifty IT stocks below long-term range; Infosys, TCS, Wipro near 2008 valuations
According to a report by DSP Mutual Fund, nearly 60% of the Nifty IT index (by market capitalisation) is trading below the 33rd percentile of its historical valuation range.
According to a report by DSP Mutual Fund, nearly 60% of the Nifty IT index (by market capitalisation) is trading below the 33rd percentile of its historical valuation range.
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