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Indian IT firms set for "washout" year

By Staff Writer

Oct 6 2023 7:44AM

As IT spending remains lower.

Indian IT firms set for "washout" year

JPMorgan analysts expect investors to parse upcoming second-quarter results and commentary from Indian IT companies for signs of recovery in deal signings in fiscal 2025 following a "washout" year. "We remain negative on the sector as we haven't seen a meaningful uptick in demand in our recent ...

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