TCS, HCLTech downgraded to
Brokerage firm CLSA has downgraded Indian IT giants Tata Consultancy Services Ltd. (TCS) and HCL Technologies Ltd. (HCLTech) to “sell” from its earlier rating of “underperform.” Additionally, it has also reiterated its “Sell” recommendation on stocks like Wipro and LTIMindtree. Despite the downgrade, CLSA has maintained its price target on TCS and HCLTech at ₹3,925 …