Friday, 24 March, 2023

Indian Tech Giant Not Hit as Hard as Global Giants in Tech Meltdown

<p>Other than Wipro and Tech Mahindra, the stock price declines of TCS, Infosys, and HCL Tech are in the mid-teens to low-double digits among the larger Indian IT services exporters. Paytm and Policybazaar stock prices have dropped nearly 60%, while Zomato is down 52%. During the same time period,&nbsp;stocks of global tech titans such as Meta and Amazon fell 67% and 45%, respectively. Analysts further fear that the deployment might eventually hit given&nbsp;volatile global market.</p>