IT stocks slip: TCS, Infosys, Coforge, LTIMindtree, Persistent, TechM, HCLTech tank up to 7%; what's ahead?

Among other major IT names, LTM Ltd (formerly known as LTIMindtree) tumbled 6.79 per cent and Persistent Systems Ltd cracked 5.29 per cent. Tech Mahindra Ltd, HCL Technologies Ltd and Mphasis Ltd declined 4.93 per cent, 3.66 per cent and 3.34 per cent, respectively.

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