01 - 07 - 2026
How the AI ‘Fog’ and Macro Chills Trigger a Multi-Year Valuation Reset
The Indian IT services sector, long the crown jewel of the country’s export economy, is entering its first quarter of the new fiscal year (1QFY27) with a “sombre” outlook as a confluence of geopolitical tension, high-interest rates, and the disruptive early phases of Generative AI (GenAI) dampen enterprise spending. Once defined by double-digit growth, the …