![]() We continue to maintain our positive stance on the sector," it said. This will provide a sentimental boost to Indian IT for a long-term basis. “The company remained gung-ho on cloud and digital adoption coupled with strong momentum in large transformational deals. Mint Announces New 2021 Morgan & Peace Dollar Order Dates PLUS ASE & AGE Household Limits By US Mint JNew Eagle Silver & Gold Launch First Household. This list is updated as detailed product information becomes available. Meanwhile, B&K Securities believes Accenture’s decent performance in Europe region in comparison to North America region is expected to bode well for Tata Consultancy Services, Mastek and Coforge in the near-term. The following list displays the United States Mints products and their dates of availability. Multiple price records and total realization of more than 28.5 million in recent Stacks Bowers Galleries Official Auction of the Whitman Coin & Collectibles. The brokerage remains selective on tier-1 names and prefer TCS followed by HCL Tech and Infosys. Again, near-term uncertainty continues to pose challenges on growth visibility of key verticals (Financial Service and CMT) and geography (North America)," Motilal Oswal said. ![]() “The overhang on the small deal extension and execution delays would continue to mount incremental pressure on the Indian IT outsourcing vendors and impair near-term growth. All of these indicate a drag on near-term growth for Indian IT companies.Īlso Read: Banking stocks trade volatile Nomura says banks in a sweet spotĭomestic brokerage firm Motilal Oswal expects a negative near-term impact of Accenture’s earnings commentary on Indian tech companies. Moreover, declining performance in CMT is expected to put pressure on Tech Mahindra's performance in the near-term, said B&K Securities.Īccenture’s management highlighted the impact on the demand environment from adverse macro, delays in small and discretionary deals, and a dip in deal pricing in few segments. ![]() It is because Infosys and Wipro have relatively more exposure to consulting. Also Read: Accenture earnings: IT investors' fears coming true?Īnalysts believe Infosys and Wipro will have a negative impact of Accenture’s declining performance in consulting business and falling trend of deal bookings in Q4FY23.
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