Stockwire

IT sector beats the winter blues

The IT giants have posted stellar results in an otherwise seasonally weak third quarter. Find out why.

IT sector beats the winter blues

The Indian IT sector has always been susceptible to the winter blues. Historically, the third quarter of the fiscal year has meant some stagnation for the industry due to higher furloughs brought about by the year-end festivities. In addition, recession fears looming over Europe and the US, two of the key geographies for the Indian IT sector, added to the gloom of this quarter.


Other Categories