TCS

, Infosys, HCLTech and other IT stocks decline up to 2% ahead of Q1 earnings announcements

Nifty IT, the sectoral index that tracks the performance of leading IT companies in India, slipped over 1 per cent ahead of TCS’ earnings announcement later in the day. As of 9:25 am, Nifty IT was trading 1.4 per cent, or 380 points, lower at 27,173.80. All 10 stocks under the IT index were trading in the red.