The third quarter of the current fiscal year is expected to be lean for the IT companies. “We expect that deal booking momentum would show quite a moderation as a result of concerns around economic growth in the US/European markets,” stated YES Securities in a preview report.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate