Assessing The IT Sector's Near-Term Troubles And Long-Term Potential | Market Show | ET Now

Infosys has faced two consecutive quarters of disappointing results despite securing significant orders, raising concerns about the IT sector's performance. The short-term outlook is negative, with potential underperformance in the stock, but a longer-term view suggests possible recovery beyond FY24 and FY25. Deal wins indicate promise, but IT firms are bracing for a challenging second half. Positive news includes India's declining retail inflation, easing food prices, and cooperation between the RBI and the government to tackle inflation.
Watch Editor's Take With Nikunj Dalmia On ET Now.



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