On the other side, if you see the department has asked some of the top 10 consultants, amongst which Accenture is also one of them, to cut down the consultancies and the expenses. So, there is a double-pronged impact and the cascading effect of that will also be there on Indian IT companies.
HFCL shares rally 22% in just 5 sessions. Here’s what technical charts indicate
HFCL shares jumped on Tuesday, extending their winning streak to a fifth straight session with gains of over 22% during this period. Technical analyst Ruchit