Copyright © HT Digital Streams Limit all rights reserved. Indian technical firms are very exposed to the US market, and the fear of a tariff-induced slowdown caused investors in April. (Beeld: Pixabay) Summary Indian IT shares performed a partial recovery after the tariff-driven sale of April, blown by Accenture’s optimal prospects. However, a sluggish transaction momentum, subdued discretionary spending and sharp valuations can still cloud the prospects of a sector-wide recycled. The Indian IT services sector is the most preferred investment theme among fund managers, according to the latest Asia Fund Manager recording by Bofa Securities. In June, 21% of fund managers selected the sector as their best choice, of 13% in May. The findings of the recording were followed by the results of the global IT-large accenture, which is commonly seen as a clock for the Indian Tier-1 IT firms. Accenture, which follows a financial year in September August, reported a year-on-year constant currency revenue in the quarter (Q3FY25), which beat consensus estimates and came to the top of its guidelines. In a report by the Owal Financial Services by Motilal Owal, it was said on June 20 that the impact of a tariff -related break was softer than previously feared for Accenture. According to the Indian IT shares, this was also confirmed by the Rebound in Indian IT shares. The Nifty IT index dropped to 38,408 after falling to a low of 52 weeks from 32,517 on April 7, amid a sharp sale caused by the US tariff announcement on April 2. With the Indian technical firms exposed to the US market, the fear of a tariff-induced slowdown has caused investors. Such a downturn can dampen the victory of the transactions and elicit the hope of an income revival in FY26. That said, Accenture increased the lower end of its FY25 constant currency education (with a quarter left) to 6-7% from 5-7% earlier. While global uncertainty is still increased compared to 2024, the Q4FY25 pipeline remains strong, Accenture Management said. Customers are constantly prioritizing digital transformation, Gen. AI (generative artificial intelligence) adoption and business -wide cost -effectiveness, but discretionary it spends are still subdued. In general, demand trends were largely stable, adding it. ‘An unchanged question environment can protect the current assumptions of the FY26 income growth for Indian IT and perhaps lead to a few. One can also consider the increase in organic growth to 3.5-4.5%, with the effects of the impact on the federal company as a positive in this regard, “said a Kotak institutional stock report on June 21. On the other hand. On the other hand. Presentation discussions in both consultation and managed services (outsourcing) fell year-on-year in Q3FY25. quarters of double -digit growth. Continuous global macro -economic uncertainty will keep the momentum slow in the coming months. had positive aspects, but it is best not to extrapolate it for Indian IT stocks where valuations are also a sore place. From ‘run-the-business’ spent to ‘change-the-business’ spent and meaningful to earn upgrades, the Owal report added. #nifty it index read next story
It is recovering, but a re -evaluation still seems to be far
