The IT sector has been hit hard in September, with the Nifty IT index down 11%. High interest rates, global growth fears, and generative AI pressures have impacted technology spending. Investors are looking to upcoming Q2 earnings for insights into demand and AI-led transformations.
The IT sector has been hit hard in September, with the Nifty IT index down 11%. High interest rates, global growth fears, and generative AI pressures have impacted technology spending. Investors are looking to upcoming Q2 earnings for insights into demand and AI-led transformations.
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