Nifty and Sensex both crashed today, on weak global cues. Additionally, the US Dollar index hit a fresh 20-year high at 114.53, as a safe haven, pulling the Asian stock markets down. Eventually, these 4 below-mentioned IT stocks hit a fresh 52-week low today, on September 26.
Infosys Limited
The current market price of Infosys closed at Rs. 1,383/share on NSE, surging by only 1.29%. In the last 5 days the share price of this company fell by 1.50%. In the past 1 month its share price plunged by 5.39%, in the past 6 months year its stock price has fallen by 26.20%, and in the last 1 year it has fallen by 19.65%, making this multibagger IT stock available at low price.
Tata Consultancy Services Limited (TCS)
Current market price of multibagger IT company TCS closed at Rs. 3,000/share on NSE, surging by only 0.60%. In the last 5 days the share price of this company fell by 1.80%. In the past 1 month its share price plunged by 4.23%, in the past 6 months year its share price has fallen by 19.09%, and in the last 1 year it has fallen by 21.81%.
Wipro Limited
Current market price of Wipro closed at Rs. 395.65/share on NSE, surging by only 0.33%. In the last 5 days the share price of this company fell by 2.31%. In the past 1 month its share price plunged by 2.15%, in the past 6 months year its share price has fallen by 34.08%, and in the last 1 year it has fallen by 39.49%.
Oracle Financial Services Software Limited
Current market price of Oracle closed at Rs. 2,964.95/share on NSE, falling by 0.96%. In the last 5 days the share price of this company fell by 2.47%. In the past 1 month its share price plunged by 6%, in the past 6 months year its share price has fallen by 15.32%, and in the last 1 year it has fallen by 35.33%. Oracle is now offering a dividend yield of 6.41%.
Disclaimer
The equity market is a highly volatile investment platform. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, the author, and the brokerage house are not liable for any losses caused as a result of decisions based on the article.
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