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Has the worst been priced in for Indian IT sector? 7 stocks with upside potential of up to 39%
Both globally and in India, there is an old principle in the stock market. When stock prices stop reacting negatively to bad news, probably the worst has been priced in or one can say that the stocks have bottomed out. When the stock stops reacting positively to good news, that is probably an indication that stock has topped out as all the good news has been priced. Look at what has been happening with the IT sector. Large cap companies are announcing their Q4 results, literally everyone is showing hardly any growth.