Nuvama Forecasts Muted Growth For Indian IT
Nuvama Institutional Equities said on April 2, 2026 that India's IT sector is likely to post muted sequential growth in the March quarter, with firms under its coverage projected to report q-o-q changes ranging from −1.7% to 4.7%. The brokerage cited West Asia geopolitical tensions, generative-AI–related anxiety and potential US tariffs as headwinds, while noting nearly 5% rupee depreciation and cost-takeout deals could support margins and deal flows.
Scoring Rationale
Timely brokerage forecast with company-level q-o-q estimates and sector-wide implications. Scored for moderate novelty and industry-wide scope, useful for investors; credibility limited by single-source brokerage report, slightly boosted for being current and specific.
Practice interview problems based on real data
1,500+ SQL & Python problems across 15 industry datasets — the exact type of data you work with.
Try 250 free problemsStep-by-step roadmaps from zero to job-ready — curated courses, salary data, and the exact learning order that gets you hired.
Sources
- Read OriginalIndian IT sector to post modest Q4 growth, war woes to be offset by rupee depreciation: Nuvamathehindubusinessline.com
