IT sector Q2 preview: The IT sector is expected to report moderate to steady growth in the second quarter, according to Zee Business Research. Sequential growth for companies is likely to range between 0.2 per cent and 6 per cent. Demand is expected to remain largely stable compared to the previous quarter. However, a slowdown in large deals over the past two quarters could reflect in Q2 results.

HSBC Global expects large-cap IT companies to post dollar revenue growth of 0–2 per cent quarter-on-quarter, while mid-tier companies may see growth between 1 per cent and 5.5 per cent.

Demand trend

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Recovery is expected to continue in BFSI, healthcare, and high-tech services verticals. Manufacturing and retail sectors, on the other hand, may show some so

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