Infosys, TCS tumble up to 27% as IT meltdown drags Nifty vs global peers. Where’s the heartbeat index headed?

India’s Nifty index shows modest one-year returns, lagging global peers. The IT sector, particularly Infosys and TCS, has dragged performance down. The next big sectoral laggard is power. Financials, however, have been strong performers, delivering significant returns. Analysts anticipate a constructive outlook for Nifty over the next year, expecting stability and selective recovery in key sectors.