Worst over for IT stocks? Experts analyse Q2 results of TCS, HCL, Tech Mahindra and others, suggest top picks

Indian IT stocks have rallied nearly 13% in four sessions after better-than-expected results. Analysts see stabilisation but say sustained recovery depends on stronger revenue growth, deal conversion, discretionary spending and monetisation of AI services.

Oct 16, 2026 - 18:00
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Worst over for IT stocks? Experts analyse Q2 results of TCS, HCL, Tech Mahindra and others, suggest top picks
Indian IT stocks have rallied nearly 13% in four sessions after better-than-expected results. Analysts see stabilisation but say sustained recovery depends on stronger revenue growth, deal conversion, discretionary spending and monetisation of AI services.

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