PERSISTENT

Persistent Systems is mentioned alongside Tech Mahindra as another IT stock showing remarkable strength during the market correction. Like Tech Mahindra, it has avoided making new lows recently, proving its ability to withstand the negative news flow and war-related fears. some stocks in this sector are even trading less negatively today despite the broader downturn. This indicates that the worst of the selling may be over for Persistent Systems. The stock is viewed as a candidate for a counter-trend rally, where it could rise from current levels even if the overall market remains weak, making it a key focus for active portfolio management.