TCS, Wipro, HCL Tech, L&T Tech: JP Morgan downgrades Indian IT sector - Business Standard


5/19/2022 12:00:00 AM3 years 9 months ago
by Puneet Wadhwa

The brokerage firm has downgraded the Indian information technology sector to 'underweight' as it believes the heydays of the sector are over

JP Morgan has downgraded the Indian information technology sector to ‘underweight’ as it believes the heydays of the sector are over. Rising margin headwinds in the near-term and the revenue headwind… [+4263 chars]

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