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HCL Tech
Be Selective In IT Stocks As Signs Of Demand Recovery Still Muted, Jefferies Warns
Jefferies did point out that the U.S. Federal Reserve's larger-than-expected 50 basis points interest rate cut has shifted investors' focus toward the IT sector, as a weaker dollar could help revive client spending and reduce interest burdens on firms.
Nomura Turns Bullish On Indian IT Stocks, Upgrades Infosys, Wipro, HCLTech To 'Buy'
Why HCL Tech's Share Price Is Up Today
Be Selective In IT Stocks As Signs Of Demand Recovery Still Muted, Jefferies Warns
Nomura Turns Bullish On Indian IT Stocks, Upgrades Infosys, Wipro, HCLTech To 'Buy'
Why HCL Tech's Share Price Is Up Today
Why IT Giants Infosys, Wipro And TCS Are All Falling Today
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Nomura analysts also expressed skepticism regarding the recovery of discretionary demand in H1 of FY25 for India IT.
Global Brokerage Turns Sour On Big 4 IT Firms, Sends Shares Spiralling
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CLSA analysts noted that growth guidance provided by HCL and Infosys could negatively impact TCS, HCL and Wipro.