IT sector: Is the worst over? Here's what brokerages and analysts predict

The IT sector, which witnessed strong tailwinds during the times of the Covid-19 pandemic, seems to have hit rough weather.

Tech in trouble? How a likely global recession will impact Indian IT companies

<ul><li>Indian IT companies make up a large portion of the worldwide IT market, and the growth of the Indian IT industry is closely tied to global market conditions.</li></ul>

Midcap IT firms to outperform largecaps, says Macquarie; lists 5 stock picks with over 50% upside

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Despite the growth gap narrowing to some extent, it sees midcap IT delivering a higher revenue CAGR than the ‘India Tier-1’. The brokerage highlighted that this is the time to be selective among midcaps.

Hiring slowdown lifts top IT companies' profit per employee: Report

As per the report, the top four IT companies earned a net profit of  <span class='webrupee'>₹</span>1.7 lakh per employee during October-December 2022, up 8.6 percent from  <span class='webrupee'>₹</span>1.57 lakh in Q2FY23.

Top IT firms' net hiring drops 97% in Q3: Report

Experts and brokerage firms have been flagging concerns that the economic slowdown in the West has hit the demand scenario for the sector and the IT space may remain under pressure for the short term.

Infosys Q3 Earnings: Profit beats estimates on strong deal momentum

<ul><li>The Bengaluru-based company expects revenue growth of 16% to 16.5% for the financial year to March, from revenue growth of 15%-16% projected earlier.</li></ul>

2023 Outlook: Be selective while picking IT stocks; buy Infosys, reduce TCS, says Nomura

The year 2022 has been a tough one for the Indian IT sector. The Nifty IT index has lost 27 percent in this calendar year as against a 3 percent rise in benchmarks. Let's see which IT stock is Nomura's top pick in the large and midcap space. 

Indian IT players may take a major share of tech deals in Q1 of 2023, but JM Financial sees a long winter ahead

The Indian IT sector has been under pressure in 2022 on concerns over shrinking demand due to the possibility of a recession in the US.

IT sector outlook: Valuations of companies may take a hit, says Emkay Global

Here are the key takeaways from brokerage Emkay Global Financial Services Ltd's recent meet with the managements of IT companies.

US inflation data takes India's Nifty IT higher by 4%; Coforge, Infosys, Mphasis among top gainers

<ul><li>The IT stocks have been under pressure of late due to concerns over a recession in the US and Europe.</li></ul>

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IT sector: Is the worst over? Here's what brokerages and analysts predict

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