Jefferies sees growth uncertainty stalling rebound in India's beaten-down IT stocks
** Jefferies says an uncertain growth outlook and a slow recovery that threaten fiscal year 2027 earnings could keep India's information technology stocks under pressure ** The Nifty IT index NSE:CNXIT is down 13% in 2025, trailing the Nifty 50's NSE:NIFTY 11% gain, leading to a sharp price-to-earn…
** Jefferies says an uncertain growth outlook and a slow recovery that threaten fiscal year 2027 earnings could keep India's information technology stocks under pressure ** The Nifty IT index NSE:CNXIT is down 13% in 2025, trailing the Nifty 50's NSE:NIFTY 11% gain, leading to a sharp price-to-earn…
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