IT sector shares tumble up to 36% from February highs, prompting buying questions

Business Standard highlighted a sharp decline in Indian IT stocks, with some falling 36% from February peaks. The slide affected major firms in the technology services segment. Market analysts attribute the drop to concerns over global demand and currency pressures. The downturn coincided with broader market weakness in the technology index. Investors are debating whether the lower prices present a buying chance. Some experts suggest waiting for earnings reports before committing capital. Others point to long‑term growth prospects in digital services as a rationale for entry. The article advises monitoring valuation metrics and macroeconomic trends before deciding.