HCL Tech crashes 10% as brokerages downgrade stock
HCL Tech share price crashes over 10%; Rs 38,000 crore gone from market cap as brokerages downgrade stock. Multiple brokerages have downgraded HCL Tech, triggering a sharp selloff that wiped out ₹38,000 crore in market value. The 10%+ crash signals analyst concerns about growth trajectory and valuations. This is a significant trigger for F&O traders to reassess positions.
📊 STOCKS: $HCLTECH | 🏢 SECTOR: IT | #HIGHIMPACT #downgrade
This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.