IT stocks stage a sharp rebound but ICICI Securities downgrades seven of them
ICICI Securities has turned from "neutral" to "negative" on the Indian IT sector, particularly Largecap IT, given the protracted low-to-mid single-digit revenue growth expectations for this pack and the downside risks also being more pronounced.
ICICI Securities has turned from "neutral" to "negative" on the Indian IT sector, particularly Largecap IT, given the protracted low-to-mid single-digit revenue growth expectations for this pack and the downside risks also being more pronounced.
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