Indian IT firms face high investor expectations amid US client spending slowdown.

Indian IT firms Infosys, Wipro, and HCL Technologies are facing high investor expectations amid concerns of a potential market correction. After a slowdown in US client spending, the 2025 financial year is projected as a recovery period, yet meeting elevated full-year expectations may be challenging. Meanwhile, Taiwanese companies like TSMC and CATL report strong revenue growth, highlighting varying recovery trajectories across sectors.

October 11, 2024
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