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.
Golden Crossovers: These 3 stocks signal further bullishness on March 26
In the Nifty 500, three stocks are witnessing Golden Crossovers, according to stockedge.com’s technical scan data.