A Double-Edged Sword for IT Companies
Software
Highlights
- Top Indian IT companies report mediocre results
- Uncertainty pertaining to Generative AI affecting performance
- No signs of a pick-up in hiring
- Generative AI can be a short-term boost for the sector
Benchmark indices and many other sectoral indices are trading close to their record highs. However, the same cannot be said for the IT Sector, particularly in the initial three months of 2024.
(image)
Source: Tradingview.com
Besides the global headwinds that are affecting every sector, the IT sector was doubly affected by structural changes. Indian IT companies
What Do You Get
-
Ad free Experience
Seamless navigation, faster responses.
-
Expert Perspective
Explore 230+ exclusive editorials every month
-
+ Uncover Insights from World-Renowned Experts and Journalists
-
Actionable Insights
40+ weekly investment ideas + 3 to 4 daily technical calls
-
Virtual Events
Exclusive Live Webinars for Expert Trading & Investment Strategies!
-
Newsletters
Stay ahead with daily and weekly insights
Unlock exclusive discounts
