HomeNewsBusinessMarketsIT pain to continue on weak demand, furloughs; 1 large, 3 midcap stocks may offer returns

IT pain to continue on weak demand, furloughs; 1 large, 3 midcap stocks may offer returns

Harshita Tyagi • November 21, 2023 / 17:42 IST

Analysts expect demand for new technology such as generative AI, machine learning, Internet of Things, and cloud transformation to remain stable and likely to recover more quickly

Jefferies remains selective on IT scrips, with 'buy' calls on Infosys and Coforge.

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