The Nifty IT Index experienced a remarkable 32% surge over the past year, fuelled by a robust first quarter. This strong performance was primarily driven by Tier-1 IT companies, which showed solid revenue growth, improved margins, and stable management outlooks, contributing to the sector’s outperformance.
Technology to drive consolidation in broking and asset management: Saurabh Mukherjea
Saurabh Mukherjea of Marcellus Investment Managers anticipates profit margin compression in the AMC sector due to increased competition. He suggests potential US tariffs on India
August 14, 2025