{
Mindtree Ltd.

Companies

}
001122334455554433221100
001122334455554433221100

ubs downgrades indian it sector target price but sees potential upside

UBS has downgraded the target price for Indian IT companies due to company-specific issues affecting revenue growth, yet believes the recent market correction is overdone, indicating more upside potential. Despite concerns over a US growth slowdown, the Nifty IT index rose 2.30%, with major IT stocks like L&T Technology Services and Tata Consultancy Services seeing gains of 2-3%. The sector is currently trading at a 5% discount to its five-year average, suggesting a near-term rebound may be on the horizon.
NDTV Profit
United States Dollar Infosys Ltd Wipro Ltd L&T Technology Services Ltd. Persistent Systems Limited HCL Technologies Limited Coforge Ltd. Mindtree Ltd. Tech Mahindra Limited Mphasis Limited Tata Consultancy Services Limited IND Show more
Finance & Economy, Market Report
02:18 25.03.2025
Trending
Subcategory
Stock Market Updates Corporate News Industry Trends Global Trade Developments Global Financial Events Banking Regulations Central Bank Actions Retail and Consumer Goods Finance Mergers & Acquisitions Startups & Entrepreneurship Industry Mergers & Acquisitions Inflation and Monetary Impact Government Economic Policies CEO Changes Domestic Politics Market Analysis and Predictions Workplace Trends Government Policies Supply Chain Management GDP Growth & Recession Forecasts
Countries:
USA CHN GBR CHE DEU IND FRA JPN CAN VNM AUS MEX ITA ARE SGP THA ESP MYS TWN NLD
Companies:
Tesla, Inc. Apple Inc. Barclays PLC JPMorgan Chase & Co. Deutsche Bank Money Market PP Credit Suisse Strategic Income I The Goldman Sachs Group, Inc. Berkshire Hathaway Inc. UBS Group AG BNP Paribas SA Banco Santander, S.A. Lloyds Banking Group plc SpaceXCoin USD Bank of America Corporation NVIDIA Corporation Jenoptik AG Air France-KLM Amazon.com, Inc. Wells Fargo & Company Bank Frick AG
Currencies:
United States Dollar Euro Swiss Franc British Pound Sterling Japanese Yen Indian Rupee Chinese Yuan Canadian Dollar Vietnamese Đồng South Korean Won Australian Dollar Thai Baht Indonesian Rupiah Singapore Dollar Mexican Peso Hong Kong Dollar Offshore Chinese Yuan New Zealand Dollar Cambodian Riel Myanmar Kyat
People:
Donald Trump Elon Musk JD Vance Sergio Ermotti Warren Buffett Mark Haefele Jennifer Piepszak Ursula von der Leyen Olivier Calvet Scott Bessent Karoline Leavitt George Saravelos Francois Xavier Bouvignies Joseph Spak Robin Leopold Susan P. Crawford Greg Rubini Dan Ives Narendra Modi Joe Biden

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.