- Published at
- by economictimes.indiatimes.com
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Coforge, other midcap IT stocks crack up to 10% on US tariff-driven inflation concerns
Shares of midcap IT firms like Coforge and Persistent Systems plunged by up to 10% following renewed inflation fears in the U.S. due to President Trump's reciprocal tariffs. Concerns about a potential pullback in tech spending by U.S. companies could impact revenue growth for these firms.