Shares of Indian IT companies like Infosys and TCS fell on July 15 after IBM reported disappointing Q2 earnings, resulting in a 25.21% drop in its stock. The Nifty IT index declined around 2%, raising concerns over demand trends ahead of upcoming quarterly earnings announcements.
Shares of Indian IT companies like Infosys and TCS fell on July 15 after IBM reported disappointing Q2 earnings, resulting in a 25.21% drop in its stock. The Nifty IT index declined around 2%, raising concerns over demand trends ahead of upcoming quarterly earnings announcements.
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