September 28, 2024 3:34 PM

Recovery in global IT markets bodes well for Indian tech companies: Report

Strong quarterly results from global IT leader Accenture have sparked optimism among analysts, suggesting that Indian IT companies may follow suit with improved performance in the upcoming quarters. A report by HDFC Securities highlights Accenture's Q4 FY24 results as a promising sign of recovery for the global IT sector, which could benefit Indian firms as well. The report said, "Accenture's Q4 FY24 results validated signs of improvement for the IT sector." Accenture's performance in the fina...