With the banking and financial sectors in the developed economies especially the US – a segment that contributes a sizeable chunk to the domestic software services exports – under stress, analysts said there is a likelihood of further earnings downgrades in the sector that could weigh down shares of these companies in the near future.
L&T Technology Services shares jump 3% after bagging $75 million deal
L&T Technology Services shares gained up to 3.3% after the engineering services company secured a five-year deal worth more than $75 million from a leading