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Which IT stocks should investors bet on? or should you? Analysts have their say

Published on 05/02/2026 09:56 AM

Which IT stocks should investors bet on? or should you? Analysts have their sayAs consensus growth estimates do not fully reflect the risk to application services of IT companies, it poses a downside risk to the valuations of these stocks, according to a Jefferies note on Thursday.By Hormaz Fatakia   February 5, 2026, 10:08:04 AM IST (Updated)Indian IT stocks, Infosys Ltd., Coforge Ltd. Persistent Systems Ltd., TCS Ltd. and others are seeing no immediate relief after the sharp sell-off on Wednesday. Infosys, TCS are trading above the flat line on Thursday but by only just, while others are trading with losses of 0.5% to 1% on Thursday.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers