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

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India's Nifty index shows modest one-year returns, lagging global peers. The IT sector, particularly Infosys and TCS, has dragged performance down. 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.