IT sector faces weak Q1 FY27 amid slowing demand
pre-market1 source ↓written by the desknot a recommendation
The Indian IT sector is expected to report subdued performance in Q1 FY27 due to global disruptions and delayed deal closures. Wipro is predicted to be at the lower end of the performance range, while Tech Mahindra may lead. Discretionary tech spending is under pressure, shifting focus towards cost optimization rather than growth. 📉
Not investment advice. For informational purposes only.