In IT, industry growth and a high attrition rate are two sides of the same coin. The demand prompted aggressive hiring, talent retention and salary hikes, which caused severe margin shocks in the preceding quarters.
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