CLSA brokerage report

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CLSA Turns Cautious on Indian IT Ahead of Q3 Earnings, Recommends Trimming Positions After Sharp Rally

2026-01-04 Niranjan Ghatule

CLSA recommends trimming Indian IT stocks ahead of Q3 earnings as NIFTY IT outperforms the broader market. Brokerage downgrades HCL Tech, removes Tech Mahindra from focus list, and names Persistent Systems and Coforge as top mid-cap picks.

CLSA Turns Cautious on Indian IT Ahead of Q3 Earnings, Recommends Trimming Positions After Sharp Rally

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