IT stocks to buy: After strong revenue growth momentum in FY22 and FY23, analysts believe IT services companies may face challenges on the demand front and margins fueled by the economic slowdown and macroeconomic uncertainties. Watch this Visual Story to see top IT stock picks for FY24.
The IT stocks were in a free fall on Monday after Infosys Q4 earnings missed estimates. The Nifty IT index nosedived to hit a fresh 1-year low, with all stocks in the red. Experts believe other IT companies may also report a weak quarter, especially in the US market.